KUALA LUMPUR (Dec 19): The FBM KLCI bucked the trend among regional markets and clawed back to close higher on Monday, after the death of North Korean leader Kim Jong-il and a warning from Fitch about possible credit downgrades kept investors on edge.
The FBM KLCI closed 11.56 points higher at 1,477.78, lifted by gains including at blue chips including Genting and Axiata.
Gainers trailed losers by 315 to 445, while 283 counters traded unchanged. Volume was 1.6 billion shares valued at RM1.03 billion.
Key regional markets pared down their losses, after having fallen sharply earlier in the day on news that North Korean leader Kim Jong-il had died.
Japan’s Nikkei 225 closed 1.26% lower at 8,296.12, Hong Kong’s Hang Seng Index fell 1.18% to 18,070.21, the Shanghai Composite Index was down 0.31% to 2,217.95, South Korea’s Kospi fell 3.43% to 1,776.93, Taiwan’s Taiex lost 2.24% to 6,633.33 and Singapore’s Straits Times Index shed 1.55% to 2,618.09.
On Bursa Malaysia, PPB was the top gainer and rose 44 sen to RM17.20; Nestle added 36 sen to RM56.36, BAT 30 sen to RM49.40, Perak Corporation 19 sen to RM1.34, HLFG and Genting 16 sen each to RM11.70 and RM10.54, Amway 15 sen to RM9.20 while Tasek and Axiata added 14 sen each to RM8 and RM5.
Among the decliners, Dutch Lady fell RM1.14 to RM23.30, United PLANTATION []s down 28 sen to RM18.22, Jaya Tiasa 27 sen to RM6.79, F&N and GAB 26 sen each to RM18.10 and RM13.14, Harvest Court, Carlsberg and Rapid lost 19 sen each to RM1.09, RM8.47 and RM1.82 respectively, while JobStreet fell 17 sen to RM2.33.
Utopia was the most actively trade counter with 125.9 million shares done. The stock added half a sen to 10.5 sen.
Other actives included JCY, Astral Supreme, Versatile, Sanichi, Flonic and Dataprep.
The FBM KLCI closed 11.56 points higher at 1,477.78, lifted by gains including at blue chips including Genting and Axiata.
Gainers trailed losers by 315 to 445, while 283 counters traded unchanged. Volume was 1.6 billion shares valued at RM1.03 billion.
Key regional markets pared down their losses, after having fallen sharply earlier in the day on news that North Korean leader Kim Jong-il had died.
Japan’s Nikkei 225 closed 1.26% lower at 8,296.12, Hong Kong’s Hang Seng Index fell 1.18% to 18,070.21, the Shanghai Composite Index was down 0.31% to 2,217.95, South Korea’s Kospi fell 3.43% to 1,776.93, Taiwan’s Taiex lost 2.24% to 6,633.33 and Singapore’s Straits Times Index shed 1.55% to 2,618.09.
On Bursa Malaysia, PPB was the top gainer and rose 44 sen to RM17.20; Nestle added 36 sen to RM56.36, BAT 30 sen to RM49.40, Perak Corporation 19 sen to RM1.34, HLFG and Genting 16 sen each to RM11.70 and RM10.54, Amway 15 sen to RM9.20 while Tasek and Axiata added 14 sen each to RM8 and RM5.
Among the decliners, Dutch Lady fell RM1.14 to RM23.30, United PLANTATION []s down 28 sen to RM18.22, Jaya Tiasa 27 sen to RM6.79, F&N and GAB 26 sen each to RM18.10 and RM13.14, Harvest Court, Carlsberg and Rapid lost 19 sen each to RM1.09, RM8.47 and RM1.82 respectively, while JobStreet fell 17 sen to RM2.33.
Utopia was the most actively trade counter with 125.9 million shares done. The stock added half a sen to 10.5 sen.
Other actives included JCY, Astral Supreme, Versatile, Sanichi, Flonic and Dataprep.
