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Bursa derivatives contracts hit historic daily volume high

Total contracts traded on Bursa Malaysia Derivatives (BMD) hit a historical daily volume high of 77,703 contracts on Wednesday.

Media Prima Q1 earnings down 40.2% to RM20.79m

Media Prima Bhd's earnings fell 40.2% to RM20.79mil in the first quarter ended March 31, 2012 from RM34.79mil a year ago due to softening advertising expenditure.

Tradewinds Plantations Q1 earnings slump 91% to RM4.3m

Tradewinds Plantations Bhd's earnings fell sharply by 91% to RM4.34mil in the first quarter ended March 31, 2012 from RM48.63mil a year ago due to lower production and prices of palm products.

• Asian markets routed, KLCI records steepest loss this year
• Hong Kong shares post biggest loss in six months, China slides
• Bank Simpanan Nasional posts net income of RM1.032b
• VEGOILS-Palm hits fresh 3-mth low as Greek political crisis weighs
• KLCI extends losses, down 24pts, Tenaga weighs
• GLOBAL MARKETS-Shares sag as Greek turmoil saps risk appetite
• HLFG Q3 earnings up 49% to RM394.77m
• Hong Leong Bank Q3 net profit up 60.5% to RM465.1m
• MISC posts RM465m net losses in Q1
• Hock Seng Lee secures RM45.7m Sibu flood mitigation job
• No respite for markets, KLCI falls below 1,550
• Facebook boosts IPO size by 25 pct, aims for $15 bln
• Hong Kong shares dive to 4-month low, China slips
• SapuraKencana: Bidding order book to hit RM12b by yr-end
• Luster shares rally on requotation
• Fidelity, Value Partners among Felda cornerstones
• KLCI extends losses, plantations weigh
• Kenanga Research unexcited by IOI Corp’s earnings outlook
• GLOBAL MARKETS- World stocks drop, euro and gold at 4-month low on Greece turmoil(update)
• Nikkei, Seoul down as Greece turmoil weighs
• Public Bank Research maintains Outperform on S P Setia at RM4.40
• CIMB Research maintains Outperform on TM
• RHB MD Johari to focus on 'Easy' concept to reach out to customers
• Felda expected to be next world player
• GLOBAL MARKETS-Shares ease as Greek uncertainty saps risk appetite
• IOI to raise RM4.62bil
• HDBSVR sees slight downside for KLCI

Stocks

• AirAsia defies industry trend, demand for low-cost flights to remain resilient
• Navis not concerned over SEGi listing status, has plans for education firm
• Two companies to be delisted
• Luster shares to be requoted

Earnings

• AirAsia expected to propose dividend of 50%
• Southern Steel falls into the red
• Kinsteel back to the black

Property

• S$108mil for a bungalow
• SP Setia to develop RM1.1bil Penang project
• Mitrajaya wins RM112mil job
• Minetech secures sub-contract works
• Daya wins RM57mil construction job
• Slowdown leaves China on shaky ground

Energy

• PetGas' RM1bil LNG facility in Lahat Datu will begin ops in 2015
• RM49m oil and gas job for Kencana

Manpower

• M’sia aims to reduce low-skilled foreign workers
• Port Klang hauliers strike resolved

Management

• Bashir stays another year as MAHB MD
• New COO for Pharmaniaga

Retailing

• Tomei allocates RM20mil this year to expand retail network

Auto

• Nasim to unveil all-new Peugeot 408

Banking

• RHB completes notes issuance
• RBS to focus on debt capital markets

Technology

• Opportunities await M’sia in sensor technology sector

Foreign News

• Bharti in money laundering probe
• China FDI inflow at US$38bil in first 4 months
• Former IMF Strauss-Kahn countersues NY hotel maid for US$1mil
• BHP warns commodities markets to cool further
• Analysis: Euro twilight zone beckons for Greece
• HTC new phone U.S. sales delayed due to customs review
• BHP says will not spend $80 billion on expansion projects
• GM to drop Facebook ads due to low consumer impact