U.S. and European Market Roundup
· The DJIA up 112.08points to 9,487.67 points.
· U.S stocks added to gains on Monday, pushing the Nasdaq and Standard & Poor's 500 indexes up more than 1% on positive economic data, as financials rose following positive broker comments on banks.
· European shares ended 0.8% higher on Monday as better-than-forecast data in the United States and Europe helped lift banks, while telecoms were boosted by merger activity between Telenor and Alfa Group.
Macro and Corporate New
· Bina Puri Holdings, one of the largest construction groups in the country, has won a RM185 mln contract from Mayland View Sdn Bhd to build a 38-storey serviced apartment building in Jalan Kuching, Kuala Lumpur.
· KNM Group , through subsidiaries - FBM-KNM FZCO, KNM Process Systems Sdn Bhd (KNMPS) and Borsig Boiler Systems GmbH - has secured new orders from international clients amounting to RM155 mln.
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