U.S. stocks closed lower as investors worried on the slight fall in jobless claims eventhough earnings result were positive.
Last Updated
30 July 2010 10:01:29 am
U.S. stocks closed lower as investors worried on the slight fall in jobless claims eventhough earnings result were positive. Dow Jones fell 0.3%, S&P 500 dropped 0.4% and Nasdaq fell 0.6%. Today, the U.S. government will release data on U.S. GDP for April - June quarter.
Plus proposal to sell its stake in PT Cimanggis Cibitung Tollway has no material impact on Plus's financial and revised the traffic volume growth to 5% but opine that potential toll hike of 10% in the second half may impact the traffic growth, said Kenanga Research.
Usaha Tegas, a private vehicle of T. Ananda Krishnan, will launched a takeover bid for Tanjong at the price of RM20.50 per share, said two sources according to Reuters. The only call warrants on the counter is TANJONG-CA.
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