NST Online Business Times : latest
NST Online Business Times : latest |
| KL shares open mixed in early trading Posted: 06 Dec 2012 06:06 PM PST Share prices on Bursa Malaysia were traded mixed in the early session Friday, tracking losses in selected blue chips,
After 36 minutes of trading, the barometer FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.33 of a point lower at 1,615.90 after opening 0.76 of a point weaker at 1,615.47. HwangDBS Vickers Research said the key FBM KLCI is expected to back off from the immediate 1,617 resistance level ahead. "However, if it clears this hurdle, then the benchmark index may be eyeing 1,635 as its next resistance threshold," the research house said in a statement. Meanwhile, the Finance Index shed 3.71 points to 15,044.81, but the Industrial Index gained 2.4 points to 2,668.73, and the Plantation Index rose 3.76 points to 7,855.75. The Ace Index added 11.83 points to 4,180.38, the FBMT100 lost 3.32 points to 10,848.85, the FBM Emas declined 2.55 points to 10,995.09, while the FBM Mid 70 index lost 9.029 points to 12,007.61. There were 113 gainers and 94 losers while 171 counters were unchanged, 1,261 counters untraded and 18 others were suspended. Volume stood at 130.33 million shares worth RM59.911 million. Among actives, Karambunai lost 1.5 sen to 12 sen, Takaso Res-Warr inched down a sen to 15 sen, while Nexnation Communication was flat at 11.5 sen. Heavyweights, Maybank earned two sen to RM9.07, Sime Darby and CIMB rose two sen each to RM8.97 and RM7.57, respectively, while Axiata slipped three sen to RM5.94. Bernama |
| India second fastest growing aviation mart Posted: 06 Dec 2012 06:10 PM PST India will emerge as the world's second fastest growing aviation market by 2016, with 13.1 per cent compound annual growth rate (CAGR), adding 49.3 million new passengers, according to the
IATA said Kazakhstan will experience the fastest growth rate at 22.5 per cent CAGR, adding 3.9 million passengers to 2.2 million last year. In the third spot is China, with 10.1 per cent growth rate, resulting in 158.9 million new domestic passengers, said IATA in its Airlines Industry Forecast 2012-2016. IATA said no other country is expected to experience double-digit growth rates in the forecast period. The air transport body said airlines expect to welcome some 3.6 billion passengers in 2016, about 800 million more than the 2.8 billion passengers carried by airlines last year. This industry consensus outlook for system-wide passenger growth sees passenger numbers expanding by an average of 5.3 per cent per annum between this year and 2016. The 28.5 per cent increase in passenger numbers over the forecast period will see almost 500 million new passengers travelling on domestic routes and 331 million new passengers on international services. By 2016, the five largest markets for domestic passengers will be the United States (710.2 million), China (415 million), Brazil (118.9 million), India (107.2 million) and Japan (93.2 million). As for international freight developments, IATA said the five fastest growing international freight markets over the 2011-2016 period will be Sri Lanka (8.7 per cent CAGR), Vietnam (7.4 per cent), Brazil (6.3 per cent), India (6.0 per cent) and Egypt (5.9 per cent). Bernama |
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