theSun | WEDNESDAY AUGUST 26 2009 15

KLCI 1,171.09 3.40 Nikkei 10,497.36 83.69

business STI 2,618.76 6.43 TSEC 6,809.41 28.84
Hang Seng 20,435.24 100.70 KOSPI 1,601.38 10.84
SCI 2,915.80 77.63 S&P/ASX200 4,405.80 20.30

INDICES CHANGE market summary AUGUST 25, 2009

CONSTRUCTION 224.34 -0.45
CONSUMER 354.99 -1.27
FBMACE 4,164.12 -18.73 Prices end lower on selling of blue chips
FBMEMAS 7,904.47 -27.75 SHARE prices on Bursa Malaysia OSK’s head of research Chris ments like oil and gas, and rubber
FBM-KLCI 1,171.09 -3.40
ended the day lower with the sell- Eng said the market is expected rather than trade the big caps.
FBMSHA 8,158.90 -27.43
FINANCE 9,486.35 +1.25 ing of select heavyweights such as to remain rangebound for the next “In general, the local market will
INDUSTRIAL PROD 89.64 -0.05 Sime Darby and British American few months within the range of still depend on the US and China
INDUSTRIAL 2,575.54 -15.08 Tobacco, dealers said. 1,180 to 1,200 points. markets. China may continue to be
MINING 344.50 UNCH However, the losses were “We don’t think the market will rangebound while the US may see
PLANTATION 5,836.73 -9.08 capped by gains in other blue-chip drop much. Although the market is some upward movement although
PROPERTIES 776.31 -3.66 stocks like Bumiputra-Commerce slightly overvalued, most investors limited,” he said.
TECNOLOGY 17.00 -0.22 and Tenaga Nasional, they said. are not willing to sell their stocks Turnover increased to 709.248
TRADING SERVICES 154.40 -0.88
At close, the FBM KLCI fell 3.4 and they are also not into buying at million shares worth RM985.757 EXCHANGE RATES August 25, 2009
TURNOVER VALUE points or 0.28% to end at 1,171.09, the moment either,” he said. million from yesterday’s 694.863
694.863mil RM1.11bil after opening unchanged at Eng said investors may actually million shares worth RM1.11 bil-
1,174.49 in the morning. be looking at small caps in seg- lion. – Bernama Foreign currency Bank sell Bank buy Bank buy
TT/OD TT OD
1 US DOLLAR 3.5480 3.4830 3.4730
man rights record and long-running home to a busy street market and in January. 1 AUSTRALIAN DOLLAR 3.0120 2.8800 2.8640
detention of democracy leader Aung established retail outlets, has four Obama will deliver the statement, 1 BRUNEI DOLLAR 2.4650 2.4050 2.3970
San Suu Kyi. – AFP “pound” shops, including Pound- with Bernanke by his side, in the re- 1 CANADIAN DOLLAR 3.3050 3.2240 3.2120
briefs Cash-strapped Britons
land – which is the biggest retail
chain of its sort in Britain with
sort town of Oak Bluffs at 9am (2am
in Malaysia) before US markets open,
1 EURO 5.0870 4.9630 4.9430
1 NEW ZEALAND DOLLAR 2.4650 2.3550 2.3390
more than 200 stores. the official said. – AFP
flock to bargain stores But Poundland faces competi- 1 PAPUA N GUINEA KINA 1.4400 1.2000 1.1840
Daewoo to invest LONDON: “The one-pound price, tion from 99p Stores, which last Fight with Microsoft 1 SINGAPORE DOLLAR 2.4645 2.4050 2.3970
US$1.7b in gas project you can’t find it” anywhere else, week opened four new shops, to continue: Yahoo! 1 STERLING POUND 5.8400 5.6980 5.6780
said Mehmad as he filled a basket bringing its total to 100 -- almost 1 SWISS FRANC 3.3520 3.2680 3.2530
SEOUL: South Korea’s Daewoo with goods taken from the packed double the number it had at the SUNNYVALE (California): Yahoo!
International said yesterday it would has vowed to fight Microsoft on 100 ARAB EMIRATES DIRHAM 98.3200 93.1200 92.9200
shelves of a discount store in Dal- end of last year. – AFP
invest some US$1.7 billion (RM5.95 a new frontier, saying that hav- 100 BANGLADESH TAKA 5.3400 5.2100 5.0100
ston, northeast London.
billion) to develop an offshore gasfield With Britain mired in recession, Obama to reappoint ing the software giant power its 100 DANISH KRONE 70.4000 64.6600 64.4600
in northwestern Myanmar. shops offering all their goods for online searches won’t stop it from 100 HONGKONG DOLLAR 46.6000 44.1300 43.9300
Daewoo directors approved the £1 (RM5.80) or less are springing
Bernanke battling for the devotion of Web 100 INDIAN RUPEE 7.5700 6.9600 6.7600
investment between October and up across the country almost on OAK BLUFFS (Massachusetts): surfers.
100 INDONESIAN RUPIAH 0.0370 0.0314 0.0264
September 2014 on facilities to a daily basis. US President Barack Obama will an- Yahoo! executives declared
produce and transport the gas, the nounce Tuesday (today in Malaysia) that the pioneering Internet 100 JAPANESE YEN 3.7690 3.6780 3.6680
“A lot of people are pressed for
company said in a regulatory filing. he is awarding Ben Bernanke a search firm’s campaign to wrest 100 NORWEGIAN KRONE 61.1200 56.0500 55.8500
money and they want bargains
The trading firm leads a consor- and are not too concerned about second term as Federal Reserve market share from Microsoft and 100 PAKISTAN RUPEE 4.4000 4.1100 3.9100
tium, including state-run companies what the stores look like,” said chairman, following their months of Google isn’t ending, it is only shift- 100 PHILIPPINE PESO 7.4800 7.0400 6.8400
from India and South Korea, which retail analyst Nick Bubb at Pali joint combat against the financial ing fronts. 100 QATAR RIYAL 98.9700 94.1400 93.9400
plans to develop gasfields off Rakhine financial group, on the rise of crisis. Yahoo!’s deal with Microsoft,
100 SAUDI RIYAL 96.0900 91.4000 91.2000
state near the border with Bangla- cheaply fitted-out “pound” shops. A White House official said on if cleared by regulators, will
desh. condition of anonymity that Obama result in the California firm using 100 SOUTH AFRICAN RAND 47.0300 43.0500 42.8500
Mehmad, 86, said a trip to the
Myanmar, which has been ruled would break his vacation on well- Microsoft’s freshly launched Bing 100 SRI LANKA RUPEE 3.2100 2.9500 2.7500
shop -- which is based in Dalston’s
by the military since 1962, is under main thoroughfare – has become heeled Martha’s Vineyard off the US search engine to mine the Inter- 100 SWEDISH KRONA 52.2000 47.4700 47.2700
economic sanctions by the United a daily ritual. east coast to re-appoint Bernanke to net for results to queries at Yahoo! 100 THAI BAHT 11.1900 9.4800 9.0800
States and Europe because of its hu- Dalston’s main shopping area, a second four-year term beginning pages. – AFP Source: Malayan Banking Berhad/Bernama