U.S. and European Market Roundup
· The DJIA was closed to 9,441.27 points.
· U.S stocks were closed on Monday on U.S Labor Day holiday weekend. Meanwhile, European shares closed higher on Monday, with British confectionery group Cadbury soaring 38% following a 10.2 bln pound ($16.7 bln) bid approach from U.S company Kraft Foods.
· Across Europe, the FTSE 100 rose 1.7% to its highest close in more than 11 months. Germany's DAX and France's CAC 40 both rose 1.5%. .
Macro and Corporate New
· Malaysia exports in July fell a better-than-expected 22.8% from a year ago as major economies continued to reel from the global recession.
· Superior Pavillion Sdn Bhd (SPSB) and Odyssey Wealth Sdn Bhd (OWSB) have revised the takeover offer price for Kumpulan Jetson Bhd to RM1 per share from 70 sen previously and to 93 sen per irredeemable convertible unsecured loan stocks 2002/2012 from the earlier 65 sen.
0 comments:
Post a Comment