KUALA LUMPUR (Jan 20): The FBM KLCI closed higher on the final trading day of the Rabbit lunar year, in line with the positive close at key regional markets.
However, the for European stocks and the euro ran out of steam on Friday, with markets focused on debt talks between Greece and its private creditors that may prove the trigger for the next leg of the euro zone's debt crisis, according to Reuters.
The FBM KLCI closed 5.85 points higher at 1,522.66. Year-to-date, the index was up 1.34%.
Gainers beat losers by 512 to 249, while 301 counters traded unchanged. Volume was 1.65 billion shares valued at RM1.49 billion.
At the regional markets, Japan’s Nikkei rose 1.47% to 8,766.36, South Korea’s Kospi added 1.82% to 1,949.89, the Shanghai Composite Index up 1% to 2,319.12, Hong Kong’s Hang Seng Index gained 0.84% to 20,110.37 and Singapore’s Straits Times Index rose 1.36% to 2,849.38.
On Bursa Malaysia, KLK rose 70 sen to RM25.48, Hong Leong Industries up 24 sen to RM4.27, BLD PLANTATION []s and UMW 20 sen each to RM8.15 and RM7.10, Genting 16 sen to RM10.98, while Genting Plantations, TDM, Lafarge Malayan Cement, MPI and DKSH added 13 sen each to RM9.28, RM4.10, RM6.86, RM3.28 and RM1.98 respectively.
DBE Gurney was the most actively traded counter after it confirmed that it was in talks with a shareholder of CI Holding Bhd which includes a private placement exercise.
The stock fell half one sen to 12.5 sen with 169.3 million shares done, while its warrants fell half a sen to 7 sen with 57.7 million units done.
Other actives included TMS, Compugates, DVM, Flonic, Tiger Synergy and Utopia.
Decliners included BAT, Supermax, Bintulu Port, A-Rank, JT International, Shell, Atlan, KrisAssets and Harvest Court.
However, the for European stocks and the euro ran out of steam on Friday, with markets focused on debt talks between Greece and its private creditors that may prove the trigger for the next leg of the euro zone's debt crisis, according to Reuters.
The FBM KLCI closed 5.85 points higher at 1,522.66. Year-to-date, the index was up 1.34%.
Gainers beat losers by 512 to 249, while 301 counters traded unchanged. Volume was 1.65 billion shares valued at RM1.49 billion.
At the regional markets, Japan’s Nikkei rose 1.47% to 8,766.36, South Korea’s Kospi added 1.82% to 1,949.89, the Shanghai Composite Index up 1% to 2,319.12, Hong Kong’s Hang Seng Index gained 0.84% to 20,110.37 and Singapore’s Straits Times Index rose 1.36% to 2,849.38.
On Bursa Malaysia, KLK rose 70 sen to RM25.48, Hong Leong Industries up 24 sen to RM4.27, BLD PLANTATION []s and UMW 20 sen each to RM8.15 and RM7.10, Genting 16 sen to RM10.98, while Genting Plantations, TDM, Lafarge Malayan Cement, MPI and DKSH added 13 sen each to RM9.28, RM4.10, RM6.86, RM3.28 and RM1.98 respectively.
DBE Gurney was the most actively traded counter after it confirmed that it was in talks with a shareholder of CI Holding Bhd which includes a private placement exercise.
The stock fell half one sen to 12.5 sen with 169.3 million shares done, while its warrants fell half a sen to 7 sen with 57.7 million units done.
Other actives included TMS, Compugates, DVM, Flonic, Tiger Synergy and Utopia.
Decliners included BAT, Supermax, Bintulu Port, A-Rank, JT International, Shell, Atlan, KrisAssets and Harvest Court.
