KUALA LUMPUR (Jan 17): The FBM KLCI snapped its losing streak on Tuesday and steadied in line with the gains at key regional markets.
Meanwhile national carmaker PROTON HOLDINGS BHD [] was in focus after Khazanah Nasional Bhd announced it was divesting its 42.72% Proton stake to DRB-Hicom for RM5.50 per share or RM1.291 billion cash.
Asian shares inched higher and the euro stayed above a 17-month trough on Tuesday as investors focused on economic data from China to gauge the impact of the euro zone debt crisis on global growth, according to Reuters.
At 9.05am, the FBM KLCI rose 1.35 points to 1,510.41.
Gainers led losers by 103 to 46, while 101 counters traded unchanged. Volume was 80.90 million shares valued at RM93.86 million.
Proton was the top gainer in early trade and rose 24 sen to RM5.42.
Other gainers included Petronas Gas, Shell, Genting, The Store, Supermax, Media Prima, Kimlun and Gamuda.
Meanwhile national carmaker PROTON HOLDINGS BHD [] was in focus after Khazanah Nasional Bhd announced it was divesting its 42.72% Proton stake to DRB-Hicom for RM5.50 per share or RM1.291 billion cash.
Asian shares inched higher and the euro stayed above a 17-month trough on Tuesday as investors focused on economic data from China to gauge the impact of the euro zone debt crisis on global growth, according to Reuters.
At 9.05am, the FBM KLCI rose 1.35 points to 1,510.41.
Gainers led losers by 103 to 46, while 101 counters traded unchanged. Volume was 80.90 million shares valued at RM93.86 million.
Proton was the top gainer in early trade and rose 24 sen to RM5.42.
Other gainers included Petronas Gas, Shell, Genting, The Store, Supermax, Media Prima, Kimlun and Gamuda.
