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Outlook & Updates
Naga Voice Archive
Market Wrap
Title Name Morning Brief
Subject U.S. stocks slide after Federal Reserve Chairman Ben Bernanke said U.S. economic outlook is unusually uncertain.
Last Updated 22 July 2010 09:38:06 am
U.S. stocks slide after Federal Reserve Chairman Ben Bernanke said U.S. economic outlook is unusually uncertain. Dow Jones dropped 1.07%, S&P 500 fell 1.28% and Nasdaq 1.58%.

Morgan Stanley posted second quarter profit of US$1.58bil that beat analysts' estimates.

TopGlove has been rated "sell" by CIMB Research from technical perspective. It expects the price to fall to May low of RM5.59 or lower. Call warrants on the counter are TOPGLOV-CA, TOPGLOV-CB and TOPGLOV-CC.