U.S. and European Market Roundup
· The DJIA up 36.58 points to 9,398.19 points.
· U.S stocks rose on Thursday as better-than-expected earnings by Wal-Mart Stores Inc helped offset disappointing government numbers on retail sales and jobs while investors sent stocks higher for a second day in a row Thursday, giving all the major indexes a moderate boost and adding to the gains that followed upbeat comments from the Federal Reserve a day earlier.
· European shares closed higher on Thursday after France and Germany unexpectedly reported economic growth, but gains were scaled back after data in the United States was less upbeat.
Macro and Corporate New
· AMMB Holdings is maintaining a net profit target of between RM800 mln and RM900 mln for the current fiscal year despite posting an unexpectedly strong first quarter performance.
0 comments:
Post a Comment