Wednesday, 18 April 2012

KLCI up in early trade, crosses 1,600-mark

KUALA LUMPUR (April 18): The FBM KLCI opened higher on Wednesday, lifted by key blue chips, in line with the rejuvenated regional markets, following the firmer overnight close at Wall Street.

Asian shares rallied in early trade on Wednesday, with risk appetite rejuvenated by a string of positive earnings from US companies and after Spain saw a fall in debt yields and drew strong demand at its bond auction, according to Reuters the FBM KLCI rose 4.28 points to 1,600.47 at 9am.

The broader market was positive with 112 gainers, 19 losers and 66 counters trading unchanged. Volume was . 41.14 million shares valued at RM16.93 million.

Among the early gainers were SAM Engineering, Tong Herr, Carlsberg, Hong Leong Industries, Maybank, CIMB, Parkson, Genting and MMC Corp

Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or for more details.
Related Posts Plugin for WordPress, Blogger...