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NEWS UPDATES Asean Affairs   18 April 2013  

Genting stocks among major decliners

KUALA LUMPUR: Genting-related counters were among the major decliners in early trade on Thursday as investors decided to take profit after the FBM KLCI closed at a fresh historic high of 1,710.97 on Wednesday.

At 9.16am, the KLCI was down 5.18 points to 1,705.79. Turnover was 50.69 million shares valued at RM52.95mil. There were 71 gainers, 120 losers and 135 counters unchanged.

Bloomberg reported Asian stocks dropped for the third time in four days, led by metals producers and mining companies, as commodities slumped and earnings fell short of estimates. The yen gained 0.3%.

At Bursa Malaysia, Genting Plantations fell 16 sen to RM8.74 with 500 shares done. Iit was the top loser.

Genting Malaysia shed eight sen to RM3.69 with 111,300 shares traded while Genting Bhd was down six sen to RM10.20 with 57,900 units done.

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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