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
Gold
$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%
Thanks
Kenanga KCH