Stock Market Update ~ 03-06-2011

US Stock Market
Dow Jones (-0.34%), S&P 500 (-0.12%) and NASDAQ (0.15%). Moody’s says rating may be cut if no progress on debt limit. Factory orders fell 1.2% MoM in April. Jobless claims decrease less than forecast.

Malaysia Stock Market
FBM KLCI advanced 1.81 points to 1,559.85. Asia and Europe stock markets are in a mixed. Malakoff Corp Bhd, owned by MMCCORP is expected to be awarded a contract to build a 1,000MW coal-fired power plant soon.

FBM KLCI @ 03-06-2011