KUALA LUMPUR (Jan 9): Investors at the local market appear to be more concerned with external issues affecting investments rather than local issues, as the FBM KLCI reacted in a muted manner to the verdict in the Datuk Seri Anwar Ibrahim’s sodomy trial on Monday.
The current Opposition leader and former deputy prime minister was acquitted after trial judge Datuk Mohamad Zabidin Mohd said the court could not with 100% certainty ascertain the integrity of the container (holding the DNA evidence) was not compromised.
The FBM KLCI rose 1.90 points to 1,516.03 at the mid-day break.
Gainers led losers by 373 to 233, while 286 counters traded unchanged. Volume was 856.14 million shares valued at RM699.96 million.
The ringgit weakened 0.30% to 3.1608 versus the US dollar; crude palm oil futures fell RM15 per tonne to RM3,189, crude oil was down 49 cents per barrel to US$101.07 while gold lost US$8.85 an ounce to US$1,609.10.
Regional markets were mixed ahead of a German and French leaders’ meeting on Monday to discuss ways to boost growth in euro zone states struggling to overcome the sovereign debt crisis and rising unemployment, and finalise a deal to increase fiscal coordination within the currency union, according to Reuters.
Chancellor Angela Merkel and President Nicolas Sarkozy, aiming to align the two powerhouse partners that have driven European integration, will also focus on how to boost employment in the current era of austerity, it said.
At the regional markets, the Shanghai Composite Index reversed earlier losses and jumped 1.44% to 2,194.57.
Meanwhile, Hong Kong’s Hang Seng Index pared down its losses and fell 0.92% to 18,422.23, Singapore’s Straits Times Index was down 0.84% to 2,692.82, Taiwan’s Taiex shed 0.66% to 7,073.34 while South Korea’s Kospi fell 1.31% to 1,818.99.
Japan stock markets are closed for a national holiday.
On Bursa Malaysia, Dutch Lady was the top gainer this morning and was up 80 sen to RM26; Harvest Court added 32 sen to RM1.40, Batu Kawan gained 28 sen to RM18.76, Sui Wah and Amway 19 sen each to RM1.65 and RM9.47, Petronas Gas and Proton rose 19 sen each to RM14.98 and RM5.17, F&N 16 sen to RM18.66 and Can-One 15 sen to RM1.74.
KHSB was the most actively traded counter with 70.6 million shares done. The stock added 10.5 sen to 47 sen.
Other actives included Nextnation, Proton, Takaso, DRB-Hicom, JCY and XDL.
Meanwhile, decliners included Nestle, Lafarge Malayan Cement, Allianz, Kian Joo, Genting, Tahps, Southern Acids, Boxpak and Ta Ann.
The current Opposition leader and former deputy prime minister was acquitted after trial judge Datuk Mohamad Zabidin Mohd said the court could not with 100% certainty ascertain the integrity of the container (holding the DNA evidence) was not compromised.
The FBM KLCI rose 1.90 points to 1,516.03 at the mid-day break.
Gainers led losers by 373 to 233, while 286 counters traded unchanged. Volume was 856.14 million shares valued at RM699.96 million.
The ringgit weakened 0.30% to 3.1608 versus the US dollar; crude palm oil futures fell RM15 per tonne to RM3,189, crude oil was down 49 cents per barrel to US$101.07 while gold lost US$8.85 an ounce to US$1,609.10.
Regional markets were mixed ahead of a German and French leaders’ meeting on Monday to discuss ways to boost growth in euro zone states struggling to overcome the sovereign debt crisis and rising unemployment, and finalise a deal to increase fiscal coordination within the currency union, according to Reuters.
Chancellor Angela Merkel and President Nicolas Sarkozy, aiming to align the two powerhouse partners that have driven European integration, will also focus on how to boost employment in the current era of austerity, it said.
At the regional markets, the Shanghai Composite Index reversed earlier losses and jumped 1.44% to 2,194.57.
Meanwhile, Hong Kong’s Hang Seng Index pared down its losses and fell 0.92% to 18,422.23, Singapore’s Straits Times Index was down 0.84% to 2,692.82, Taiwan’s Taiex shed 0.66% to 7,073.34 while South Korea’s Kospi fell 1.31% to 1,818.99.
Japan stock markets are closed for a national holiday.
On Bursa Malaysia, Dutch Lady was the top gainer this morning and was up 80 sen to RM26; Harvest Court added 32 sen to RM1.40, Batu Kawan gained 28 sen to RM18.76, Sui Wah and Amway 19 sen each to RM1.65 and RM9.47, Petronas Gas and Proton rose 19 sen each to RM14.98 and RM5.17, F&N 16 sen to RM18.66 and Can-One 15 sen to RM1.74.
KHSB was the most actively traded counter with 70.6 million shares done. The stock added 10.5 sen to 47 sen.
Other actives included Nextnation, Proton, Takaso, DRB-Hicom, JCY and XDL.
Meanwhile, decliners included Nestle, Lafarge Malayan Cement, Allianz, Kian Joo, Genting, Tahps, Southern Acids, Boxpak and Ta Ann.
