Stock news





Global Closing @ 27/6/16

Dow 17,140  -260.51 1.50%
NASDAQ 4,594 -113.54 2.41%
S&P 2,001-36.87 1.81%

Gold 1328
WTI 46.69
Brent 48.11

USDMYR 4.116
EURUSD 1.102
GBPUSD 1.323
GBPMYR 5.447
AUDMYR 3.029
SGDMYR 3.022

FTSE 6,015.26 -123.43 2.01%
DAX 9,336.46 -220.70 2.31%
CAC 3,999.36 -107.37 2.61%

Nikkei 15,309 +357.19 2.39%
HSI 20,227 -31.83 0.16%
SSE 2,895 +41.40 1.45%
STI 2,730 -5.54 0.20%
KLCI 1,629.52 -4.53 0.28%

Global markets are still reeling from Friday’s Brexit vote. US futures indicate more losses could be in store at the open. European stocks are falling. Asian markets closed mixed.

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CORPORATE NEWS

**MMCCORP* and its partner in the Klang Valley Mass Rapid Transit project, Gamuda Bhd, are being sued for over RM300 million for allegedly breaching a land acquisition contract.

**GENP* is acquiring 21,995-hectare more of land in Indonesia, through the purchase of two companies — Cahaya Agro Abadi Pte Ltd  & Palm Capital Investment Pte Ltd — for a combined US$42.15 million.

**AZRB* has bagged a RM152.3 million contract from the Public Works Department (JKR) to build a bridge in Pahang.

**SEB* chief executive officer Chuah Cheong Jin has resigned, citing other business commitment.

**TOMYPAK* said its rights issue of 54.73 million rights shares, together with the corresponding number of warrants, was oversubscribed by 29.39%.

http://aimthebull.blogspot.my/2016/06/stock-news_28.html