Wednesday, December 19, 2007

Mid-afternoon update

KLCI 1389 (+3.79)

Adventa Bhd's (glove producer) net profit surged 150% to RM5.04mil in the three months ended Oct 31, v. RM2.1mil in the corresponding period last year. (source: The Star)


Central bank chief, Tan Sri Dr Zeti Akhtar Aziz played down worries about inflation. She said Malaysian interest rates are supportive of economic growth. The central bank has kept its overnight policy rate at 3.50 per cent since April 2006. (source: Business Times)

Market holiday this month
Malaysia: December 20, 25
HK: December 25, 26

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