BHP 75.07 +1.85 +2.53% 07.04.2008 - Closing Crude Palm Oil Quotes: Closing CPO futures prices on Bursa Malaysia Derivatives in MYR/ton Month Close Previous Change High Low Apr '08 - - - - - May '08 - 3287 - - - June '08 3382 3297 up 85 3387 3321 July '08 3385 3285 up 90 3389 3319 Aug '08 - - - - - </TABLE< div></TABLE< div> DJ MARKET TALK: New Indonesia CB Chief Vows To Target Inflation
2205 GMT [Dow Jones] Indonesian parliamentary commission - as widely expected - taps economy minister Boediono as next Bank Indonesia governor. No surprise either as he vows to continue to refine inflation targeting mechanisms; is unlikely to make any sudden moves though on monetary policy, say analysts, therefore appointment is neutral for market. Boediono brings to table experience as central bank director and minister, and claims to be immune to corruption; appointment may improve Bank Indonesia's credibility with market after recent scandals. In longer term if he steers a steadier ship he could boost sovereign ratings, help halt hot money flight out of Indonesian bonds, stocks, leading to some stability of markets.(RLC) Contact us in Singapore. 65 64154 140; [EMAIL PROTECTED] (END) Dow Jones Newswires April 07, 2008 18:05 ET (22:05 GMT) Copyright (c) 2008 Dow Jones & Company, Inc.- - 06 05 PM EDT 04-07-08 DJ MARKET TALK: Summary Of U.S. Stocks 0139 GMT [Dow Jones] WALL STREET: Financial stocks were boosted by a report that Washington Mutual was close to a $5 billion cash infusion, while technology stocks sold off, hampered by a drop for Yahoo; Washington Mutual shares closed up 29% as The Wall Street Journal reported that private-equity firm TPG and other investors are close to a deal to invest $5 billion in the mortgage lender; "Once again, some positive news for financials, and that's obviously got everyone excited today," said Ryan Detrick, technical analyst at Schaeffer's Investment Research. Tech stocks were weighed by Yahoo, which fell 2.3% after top executives reiterated their belief that Microsoft's takeover bid undervalues the Internet company. Materials company Alcoa fell 4% ahead of posting a 54% first quarter earnings decline after the closing bell. Stocks were boosted by a couple of acquisitions, which helped show market watchers the lid on available credit may be slowly lifting; among the deals, Swiss pharmaceutical giant Novartis said it agreed to buy a 77% stake in eye-care company Alcon from Nestle for about $39 billion; Alcon closed up 1.5%. Small-cap LifeCell jumped 16.9% after Kinetic Concepts agreed to acquire the company for $1.7 billion. BMC Software slid 5.1% as Goldman Sachs downgraded the enterprise management software provider to neutral from buy. UBS rose 3.7% following last week's surge for the company in the wake of its capital-raising plans. Dow closed up 0.02%, Nasdaq down 0.3%, Philly Semicons +0.1%. (SRO) Contact us in Singapore. 65 64154 140; [EMAIL PROTECTED] (END) Dow Jones Newswires April 07, 2008 17:39 ET (21:39 GMT) Copyright (c) 2008 Dow Jones & Company, Inc.- - 05 39 PM EDT 04-07-08 --------------------------------- You rock. That's why Blockbuster's offering you one month of Blockbuster Total Access, No Cost.