KLCI up marginally

Filed Under (Stock Market) by Fred Chan on 05-03-2009

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The KLCI was up marginally at midday Thursday while most regional indices continued to stay in positive territory on China’s announcement of a significant increase to its US$585 billion stimulus package.

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US stocks up after five days of losing streak

Filed Under (Stock Market) by Fred Chan on 05-03-2009

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Stocks broke a five-day losing streak Wednesday as hope spread that China and the U.S. are taking convincing action to restart their economies.


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No momentum for US stocks

Filed Under (Stock Market) by Fred Chan on 05-03-2009

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U.S. stocks may find it tough to follow through at Thursday’s open on a big rally that took the Dow and S&P off 12-year lows.

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