KUALA LUMPUR (Jan 5): The FBM KLCI edged up in early trade on Thursday but sentiment remained cautious as the New Year rallies at most regional markets fizzled out with the eurozone debt crisis returning to weight on investors’ minds.
At 9.05am, the FBM KLCI was up 2.62 points to 1,506.84.
Gainers led losers by 125 to 53, while 119 counters traded unchanged. Volume was 72.59 million shares valued at RM38.53 million.
Among the early gainers were Nestle, Timwell, United PLANTATION []s, Hong Leong Bank, HLFG, BHIC, IJM Plantations, Proton and SapuraCrest.
Meanwhile, JCY International Bhd was actively traded after the company said it was likely to record a surge in earnings for the quarter ended Dec 31, 2011.
JCY gained three sen to RM1.21 with 9.03 million shares done.
To cater for the increase in the component demands from the company’s major customers, JCY has allocated RM300 million over the next 24 months period to expand its facilities in Malaysia, Thailand and China.
At 9.05am, the FBM KLCI was up 2.62 points to 1,506.84.
Gainers led losers by 125 to 53, while 119 counters traded unchanged. Volume was 72.59 million shares valued at RM38.53 million.
Among the early gainers were Nestle, Timwell, United PLANTATION []s, Hong Leong Bank, HLFG, BHIC, IJM Plantations, Proton and SapuraCrest.
Meanwhile, JCY International Bhd was actively traded after the company said it was likely to record a surge in earnings for the quarter ended Dec 31, 2011.
JCY gained three sen to RM1.21 with 9.03 million shares done.
To cater for the increase in the component demands from the company’s major customers, JCY has allocated RM300 million over the next 24 months period to expand its facilities in Malaysia, Thailand and China.
