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Market News - 13 Jul 2009

Tuesday, July 14, 2009

U.S. and European Market Roundup 

·  The DJIA down 36.65 points to 8,146.52 points.

·  The Dow industrials and the S&P 500 fell on Friday, dropping for the fourth straight week, after Chevron Corp warned about its quarterly results and consumer confidence fell to it lowest level since March.

·  European shared closed lower on Friday, notching up a fourth straight week of losses on worries about corporate earnings and the pace of economic recovery, with drugmakers and banks suffering most.

 

 

 

Macro and Corporate New

·  Supermax Corp has reported a 90.6% improvement in net profit, or by RM12.25 mln, in its second quarter compared with the previous corresponding period.

 

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