Investors seem relative cautious ahead of the upcoming week’s Federal Budget and respective exchanges remain in sideway range mode ahead of its respective technical resistance. Investors who fear that the market would face pullback, wary of holding positions over the weekend, rushed to pocket gains.
Our local benchmark, FTSE Straits Times Index (STI) closed at 3532.13, marginally down on a weekly basis. In terms of performance, Top 3 leaders are (1) UOB Bank (2) Thai Beverage (3) SIA Engineering. Top 3 laggers are (1) Jardine C&C (2) Golden Agri-Resources (3) Wilmar.
Wilmar. On 8 May 2014 (after market hours), it posted a 49% decrease in net profit to US$161.8 million for the quarter ended 31 March 2014 (“1Q2014”); excluding non-operating items, the Group’s core net profit registered a 32% ...
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