Friday, 13 April 2012

KLCI edges up in early trade

KUALA LUMPUR (April 13): The FBM KLCI edged up in early trade on Friday, in line with the firmer overnight close at Wall Street and improving sentiment at regional markets.

Asian markets were generally buoyed by market talk that economic growth data from China may top forecasts and after stronger-than-expected demand at an Italian bond auction eased worries about the euro zone crisis, according to Reuters.

The FBM KLCI rose 3.10 points to 1,604.37 at 9.15am.

Gainers led losers by 174 to 48, while 140 counters traded unchanged.

Volume was 118.6 million shares valued at RM42.52 million.

Among the early gainers on Bursa Malaysia were Dutch Lady, HLFG, UMW, Petronas Gas, Mesiniaga, Genting PLANTATION []s, Zhulian, KPJ and TH Plantations.



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