Global Market Update


Market updates

Dow closed -251pt@24415pt
New record Hi at 26616pt
One year Hi 21169pt

Europe Market mixed
-0.1 to 1.4%

Crude Oil
$67.12 / $68.15

Brent Oil
$77.64 / $77.86

$1298.00 / $1302.10

World Bank cautioned that High Corporate Indebtedness and rising Trade Tensions are the main risks to China Growth Outlook

Chicago Business Barometer indicated notably faster Growth in May

US Pending Home Sales unexpectedly slumped 1.3% in April

US Personal Income rose 0.3% in line with estimated in April

US Weekly Jobless Claims dropped more than expected to 221k vs 234k

Eurozone Consumer Prices increased at the fastest pace in more than a year in May

Eurozone Jobless Rate lowest since 2008

French Inflation accelerated more than expected in May

Italy Inflation accelerated more than expected in May

Spain Economy expanded at a steady pace in the first quarter

Swiss Q1 GDP Growth steady at 0.6%

Swiss Retail Sales recovered in April

Japan Housing Starts rose unexpectedly in April

China Manufacturing PMI climbed to 51.9 in May

HK Retail Sales Growth accelerated at a faster than expected pace in April

Seoul GDP revised down to 1.0% on Quarter

India Economic Growth accelerated more than expected in the March

Bursa Trade Statistic
Thursday (NET)

Local Retailer Buying
RM112.70m / 8.60%

Local Fund Buying
RM105.20m / 28.20%

Foreign Fund Selling
RM217.90m / 63.20%

Kenanga KCH