U.S. and European Market Roundup
· The DJIA up 78.07 points to 9,864.94 points.
· U.S stocks climbed on Friday, with the Dow hitting a closing high for 2009, as investors anticipated positive news from next week's key earnings reports and bullish broker comments boosted tech shares.
· European shares closed lower on Friday, dragged down by the telecommunication sector as Telefonica disappointed investors and miners weighed tracking a fall in metal prices.
Macro and Corporate New
· Malaysian Aerospace Engineering has set a RM2 bln revenue target for this year, of which RM520 mln will come from third-party maintenance, repair and overhaul services.
· Bahrain's Unicorn Investment Bank is interested in buying Dubai Group's stake in Bank Islam Malaysia and plans to issue sukuk in Saudi Arabia before the end of the year.
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