Monday 14 November 2011

KLCI stays positive at mid-day, but gains limited

KUALA LUMPUR (Nov 14): The FBM KLCI stayed in positive territory at the mid-day break in line with key regional markets, but sentiment appeared cautious as the 30-stock index pared down some of its gains.

The FBM KLCI was up 9.85 points to 1,478.60 at the mid-day break. The index had earlier risen to an intra-morning high of 1,484.88.

Gainers led losers by 507 to 176, while 248 counters traded unchanged. Volume was 1.37 billion shares valued at RM800.52 million.

The ringgit strengthened 0.29% to 3.1329 versus the US dollar; crude palm oil futures for the third month delivery rose RM36 per tonne to RM3,171, crude oil added 12 cents per barrel to US$99.11 while gold gained US$3.63 an ounce to US$1,792.30.

At the regional markets, Hong Kong’s Hang Seng Index rose 2.4% to 19,595.61, the Shanghai Composite Index added 1.63% to 2,521.44, Taiwan’s Taiex was up 2.22% to 7,530.69, South Korea’s Kospi gained 2.06% to 1,901.85, Singapore’s Straits Times Index rose 1.78% to 2,840.58 and Japan’s Nikkei 225 was up 1.12% to 8,609.82.

On Bursa Malaysia, DiGi rose 74 sen to RM34.52, United PLANTATION []s added 70 sen to RM18.60, Dutch Lady 50 sen to RM21.50, Harvest Court 34 sen to RM1.99, BAT and PPB 30 sen each to RM46 and RM16.92, TSH Resources 26 sen to RM3.71 while Amway added 25 sen to RM8.90.

Among the decliners, Nestle fell 20 sen to RM48.80, BLD Plantations 14 sen to RM6.65, Petrol One Resources seven sen to RM1.05, while Teck Guan, Subur Tiasa, MTD ACPI, Ralco and Hoover fell five sen each to 65 sen, RM2.20, 47 sen, 50 sen and 41.5 sen respectively.

Ingenuity Solutions was the most actively traded counter with 113.2 million shares done. The stock added two sen to 7.5 sen.

Other actives included Karambunai, Compugates, Emico, SYF Resources, DPS and Connect.



Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or hoxian@sjsec.com.my for more details.
Related Posts Plugin for WordPress, Blogger...