KUALA LUMPUR (March 23): The FBM KLCI ended the week on a positive note, lifted by gains at select blue chips including Bat, Genting and Petronas Gas, bucking the regional markets
The KLCI closed 2.59 points higher at 1,585.83 but the broader market showed some weakness as losers beat gainers 520 to 282, while 317 counters traded unchanged. Volume was 2.0 billion shares valued RM1.41 billion.
Crude palm oil futures for the third month delivery rose RM80 per tonne to RM,3,422.
Meanwhile, world stocks held steady below this week's eight-month peak on Friday while the dollar fell broadly as concerns about growth in China and the euro zone and a renewed focus on sovereign debt problems in Italy and Spain kept investors cautious, according to Reuters.
At the regional markets, the Hong Kong Hang Seng Index fell 1.11% to 20,668.80, Japan’s Nikkei 225 lost 1.14% to 10,011.47, the Shanghai Composite Index fell 1.10% to 2,349.54, while South Korea’s Kospi gained 0.04% to 2,026.83 and Taiwan’s Taiex rose 0.21% to 8,076.61.
On Bursa Malaysia, Jaya Tiasa was up 61 sen to RM8.30, BAT 50 sen to RM53.80, Dutch Lady up 38 sen to RM30.98, Genting 24 sen to RM11, Chin Teck and MAHB up 20 sen each to RM9.30 and RM5.97, Petronas Gas 18 sen to RM16.70, Lipo 16 sen to RM1.20 and Lafarge Malayan Cement 14 sen to RM7.20.
Metronic was the most actively traded counter with 181.72 million shares done. The stock fell 4.5 sen to 21 sen.
Other actives included Ingenuity Solutions, Trinity, Ariantec, SAAG, Naim Indah Corp, Flonic, Astral Supreme and JCY.
Decliners on Friday included Ta Win Holdings, WSR shares and warrants, Kulim, S P Setia, Tasek, Milux, Mercury and Deleum.
The KLCI closed 2.59 points higher at 1,585.83 but the broader market showed some weakness as losers beat gainers 520 to 282, while 317 counters traded unchanged. Volume was 2.0 billion shares valued RM1.41 billion.
Crude palm oil futures for the third month delivery rose RM80 per tonne to RM,3,422.
Meanwhile, world stocks held steady below this week's eight-month peak on Friday while the dollar fell broadly as concerns about growth in China and the euro zone and a renewed focus on sovereign debt problems in Italy and Spain kept investors cautious, according to Reuters.
At the regional markets, the Hong Kong Hang Seng Index fell 1.11% to 20,668.80, Japan’s Nikkei 225 lost 1.14% to 10,011.47, the Shanghai Composite Index fell 1.10% to 2,349.54, while South Korea’s Kospi gained 0.04% to 2,026.83 and Taiwan’s Taiex rose 0.21% to 8,076.61.
On Bursa Malaysia, Jaya Tiasa was up 61 sen to RM8.30, BAT 50 sen to RM53.80, Dutch Lady up 38 sen to RM30.98, Genting 24 sen to RM11, Chin Teck and MAHB up 20 sen each to RM9.30 and RM5.97, Petronas Gas 18 sen to RM16.70, Lipo 16 sen to RM1.20 and Lafarge Malayan Cement 14 sen to RM7.20.
Metronic was the most actively traded counter with 181.72 million shares done. The stock fell 4.5 sen to 21 sen.
Other actives included Ingenuity Solutions, Trinity, Ariantec, SAAG, Naim Indah Corp, Flonic, Astral Supreme and JCY.
Decliners on Friday included Ta Win Holdings, WSR shares and warrants, Kulim, S P Setia, Tasek, Milux, Mercury and Deleum.
