May 4, 2009

Malaysian shares likely to open higher

MALAYSIAN shares are expected to open higher today on hope the worst may be over for the global economy.

However, traders will watch closely developments on the global influenza A (formerly known as swine flu) outbreak, which could limit gains in the stock market.

US stocks rose on Friday as surging oil prices pushed energy shares higher and fresh economic data suggested key parts of the economy could be stabilising.

Oil prices rose more than US$2 a barrel on Friday to hit a four-week high on support from improved US consumer confidence and further evidence of record levels of compliance by OPEC with its agreed output cuts. - Reuters

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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