Malaysian stocks ease on global weakness

KUALA LUMPUR (April 20) : Malaysians stocks fell on Friday morning in tandem with regional peers following a weaker overnight close across US markets. Global markets had reacted negatively to less-optimistic employment updates in the US, and rising yields for Spain government bonds.

Analysts said external factors could have the upper hand in dictating the FBM KLCI, prompting the anticipation of a further decline in the 30-stock benchmark.

“External headwinds will probably persist to push down our Malaysian bourse today,” HwangDBS Vickers Research Sdn Bhd wrote in note.

At 10am, the FBM KLCI fell 2.52 points to 1,594.1. Across the exchange, some 257 million shares worth RM148 million were traded, leading to 163 gainers versus 167 decliners.

Top gainers KUALA LUMPUR KEPONG BHD [] added 36 sen to RM24.16, while JAYA TIASA HOLDINGS BHD [] was up 32 sen to RM10.

Among decliners, GENTING BHD [] fell 12 sen to RM10.80 while HONG LEONG INDUSTRIES BHD [] was down 10 sen to RM4.12.

Most active was Ariantec Global Bhd which rose 1.5 sen to 19 sen with some 42 million shares done.

Among Asian bourses, Japan’s Nikkei 225 fell 0.44% to 9,545.96 points, South Korea’s Kospi was down 1.25% to 1,974.93, while Australia’s S&P/ ASX 200 declined 0.17% to 4,355.4.



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Positive external vibes prop KLCI higher, but index stays shy of 1,600-mark

KUALA LUMPUR (April 18): The FBM KLCI closed higher on Wednesday, in line with the firmer performance at key regional markets, which saw Japan’s Nikkei 225 rising 2%, but the local benchmark index stayed shy of the 1,600 point level.

Japan's Nikkei index rallied 2.1 percent on Wednesday on robust U.S. corporate earnings, firm demand for Spanish debt and an upbeat German economic sentiment survey, with signals that the Bank of Japan may take more easing steps also providing momentum, according to Reuters.

Mewnwhile, China shares also ended up 2% on Wednesday, the biggest one-day percentage rise in more than two months, led by finance and property sectors on expectations the government would ease monetary policy, it said.

The FBM KLCI was up 2.67 points to close at 1,598.86.

Gainers edged losers by 394 to 350, while 337 counters traded unchanged. Volume was 2.13 billion shares valued at RM1.62 billion.

At the regional markets, Jpan’s Nikkei 225 rose 2.14% to 9.667.26, the Shanghai Composite Inde gained 1.96% to 2,380.85, Hong Kong’s Hang Seng Index was up 1.06% to 20,780.73, South Korea’s Kospi added 0.97% to 2,004.53, Taiwan’s Taiex edged up 0.25% to 7,605.00 and Singapore’s Straits Times Index

Among the gainers on Bursa Malaysia, BAT rose 74 sen to RM55.20, United PLANTATION []s up 40 sen to RM25, Dutch Lady 38 sen to RM34.98, Subur Tiasa 26 sen to RM3.08, Carlsberg 24 sen to RM11.28, SAM Engineering and Can-One 20 sen each to RM3.79 and RM2m, while KESM and Hong Leong Industries added 18 sen each to RM2.18 and RM4.29.

Metronic was the most actively traded counter with 362.76 million shares done. The stock added two sen to 19.5 sen.

Other actives included Ariantec, SuperComNet, Focus, Naim Indah Corp, Sanichi, DVM, CSL, Asral Supreme and Tiger Synergy.

Decliners included Tradewinds, Tan Chong, KLK, Genting, Far East, PMB Tech, Aeon Credit and Tradewinds Plantations.



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KLCI stays put above 1,600-mark at mid-day break

KUALA LUMPUR (APRIL 18): The FBM KLCI stayed put above the crucial 1,600-point level at the mid-day break on Wednesday, up in tandem with its key regional peers that rose on the back of a firmer overnight close at Wall Street.

Asian shares rose on Wednesday as firm demand at Spanish debt sales, positive U.S. corporate earnings and an improvement in a key German sentiment survey boosted investor confidence in riskier assets, according to Reuters.

The FBM KLCI rose 5.05 points to 1,601.24 at the mid-dy break, lifted by key blue chips including Maybank, CIMB, Sime darby, Axiata and Tenaga.

The broader market sentiment improved with 319 gainers, 297 losers and 310 counters trading unchanged. Volume was 1.43 billion shares valued at RM757.83 million.

The ringgit strengthened 0.04% to 3.0642 versus the greenback, crude palm oil futures for the third month delivery fell RM8 per tonne to RM3,495, crude oil added 19 cents per barrel to US$102.39 while gold rose US$3.13 an ounce to US$1,652.70.

At the regional markets, Japan’s Nikkei 225 rose 1.85% to 9,639.36, Hong Kong’s Hang Seng Index up 1.2% to 20,808.80, the Shanghai Composite Index gained 1.33% to 2,366.11, south Korea’s Kospi rose 1.06% to 2,006.31 and Singapore’s Straits Times Index edged up 0.57% to 3,003.63, while Taiwan’s Taiex was up 0.39% to 7,615.42.

Among the gainers in the morning session, BAT rose 54 sen to RM55, Dutch Lady added 38 sen to RM34.98, SAM Engineering up 27 sen to RM3.86, subur Tiasa 22 sen to RM3.04, Carlsberg 20 sen to RM11.24, Hong Leong Industries 18 sen to RM4.29, while Tong Herr, Panasonic and United PLANTATION []s gained 10 sen each to RM2.49, RM21.70 and RM24.70.

Meanwhile, Maybank and CIMB rose six sen each to RM8.87 and RM7.68, Sime Darby, Axiata and Tenaga were up three sen each to RM9.93, RM5.39 and RM6.54 respectively.

Metronic was the most actively traded counter with 291.81 million shares done. The stock rose four sen to 21.5 sen.

Other actives included Ariantec, SuperComNet, Focus, Naim Indah Corp, Sanichi and SCL.

Decliners included Nestle, Far East, Sarawak Oil Palms, APM, PMB Tech, KLK, UMS, HLFG and SMPC.



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KLCI rebounds at mid-morning

KUALA LUMPUR (March 27): The FBM KLCI rebounded at mid-morning on Tuesday, in line with the overnight gains at Wall Street and improved sentiment at the key regional markets.

At 10.05am, the FBM KLCI added 6.76 points to 1,589.74, lifted by gains at select blue chips including Petronas-linked stocks and index-linked PLANTATION [] counters.

Gainers led losers by 275 to 186, while 258 counters traded unchanged. Volume was 434.91 million shares valued at RM221.33 million.

Wall Street stock rose more than 1% on Monday, as Federal Reserve Chairman Ben Bernanke's comments supported views that easy monetary policy would remain in place for some time and fanned expectations for more asset purchases by the U.S. central bank, according to Reuters.

Asian stocks rebounded on Tuesday and the dollar eased after Federal Reserve Chairman Ben Bernanke said ultra-loose monetary policy was still needed to reduce unemployment even though the U.S. economy has shown signs of improvement, it said.

At the regional markets, Hong Kong’s Hang Seng Index rose 1.26% to 20,929.10, the Shanghai Composite Index added 0.42% to 2,360.44, Taiwan’s Taiex gained 0.30% to 7,991.17, South Korea’s Kospi rose 0.73% to 2,034.01 and Singapore’s Straits Times Index was up 0.67% to 2,994.38.

Meanwhile, Japan’s Nikkei 225 fell 1.69% to 10,187.40.

BIMB Securities Research in a note March 27 said Ben Bernanke’s encouraging statement on the US job market acted as a confidence booster that propped the Dow Jones Industrial Average 161 points higher to convincingly breach its resistances of 13,150 and 13,200.

Over in Europe, more commitment (if required) would be available by Eurozone policy makers enhanced equities participation with almost all closed on positive territory.

The research house said that regionally, most Asian bourses ended Monday’s session on a weaker note as the developments in the west were missed.

Domestically, the FBM KLCI finally corrected with a marginal 2.9 point dip to 1,583 after fighting really hard to stay above the 1,585 level, it said.

“Nonetheless, with the positives all round overnight, we would reckon this to sway trading on a more positive note and the index should trend between the 1,585/90 range.

“We noticed foreign buying was apparent again yesterday with a net participation of RM233 million pushing total inflow of foreign monies surpassing the RM4 billion mark year-to-date,” it said.

On Bursa Malaysia, Dutch lady was the top gainer and rose 46 sen to RM31.86, Petronas Dagangan was up 22 sen to RM18.70, Petronas Gas and F&N rose 14 sen each to RM16.88 and RM18.40, Ta Ann and MPI up 11 sen each to RM6.11 and RM3.24, while Hong Leong Industries, BAT, PPB and KLK gained 10 sen each to RM4.17, RM54.10, RM16.74 and RM23.96 respectively.

Oversea Enterprise was the most actively trade counter with 25.18 million shares done. The stock rose six sen to 20.5 sen.

Other actives included Supercomnet, TMS, Eduspec, Iris Corp, Carotech and Flonic.

Meanwhile, the decliners included Supercomnet, Hartalega, MSM, CHHB, AirAsia, SMPC, PUC, Favelle Favco and Chin Well.



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KLCI struggles, key regional markets advance

KUALA LUMPUR (Feb 28): Blue chips closed lower on Tuesday, weighed down by losses in Petronas Chemicals, Axiata and Tenaga, as the FBM KLCI struggled to breach the 1,560 level, in contrast with the firmer key regional markets.

The 30-stock KLCI closed down 2.31 points or 0.15% lower at 1,556.73 from a high of 1,562.42. Turnover was 1.73 billion shares valued at RM1.589 billion. Losers beat gainers 511 to 309, while 309 counters were traded unchanged.

The performance of the local stock market was a contrast to the positive sentiment at the key regional markets.

Shanghai's Composite Index rose 0.20% to 2,451.86, Hong Kong's Hang Seng 1.65% to 21,568.73, Japan's Nikkei 225 up 0.92% to 9,722.52, Singapore's Straits Index 0.73% to 2,968.27, South Korea's Kospi 0.63% to 2,003.69 and Taiwan’s Taiex 0.28% to 7,959.34.

Reuters reported that the European Central Bank's upcoming cash boost for banks supported the euro and shares but some investors are worried the benefits of the cheap money will be short lived.

At Bursa Malaysia, Petronas Chemicals fell 10 sen to RM6.80, dragging the KLCI down 1.01 points and Axiata shed five sen to RM5.10, pushing the KLCI down by one point. Losses in TNB, where the power giant’s share price fell five sen to RM6.30, shaved 0.64 of a point of the index.

Tenaga president and CEO Datuk Seri Che Khalib Mohamad Noh said he expected the power giant to perform better in the second quarter ended Feb 29, 2012 as it would receive RM2 billion in compensation from Petroliam Nasional Bhd and the government under a fuel cost-sharing mechanism.

Losers included JTI, down 25 sen to RM6.91 as investors were disappointed over the absence of a dividend payout. Sarawak Oil Palm fell 17 sen to RM6.

China Stationery Limited continued its strong performance post-IPO to be one of the most active and among top gainers after closing up 16 sen to RM1.39, with 84.98 million shares traded in.

Dutch Lady rose RM1.48 to RM28.98, Atlan 32 sen to RM3.47, Hong Leong Industries up 21 sen to RM4.20 while Hong Leong Bank and Carlsberg added 20 sen to RM11.90 and RM9.90 respectively.



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High oil prices rein in equities markets

KUALA LUMPUR: High oil prices reined in the regional markets and curb investors’ appetite for equities on concerns of the adverse impact on weaker economies, particularly in Europe.

Another nagging concern was whether Germany's parliament would support the Greek bailout.

At the close, the FBM KLCI managed to eke out a 0.27of a point gain to 1,559.04. Turnover was 1.64 billion shares valued at RM1.63 billion. Losers beat gainers 327 to 455, while 341 counters traded unchanged.

Japan's Nikkei 225 fell 0.14% to 9,633.93, Singapore's Straits Index 1.05% lower at 2,946.78, South Korea's Kospi 1.42% to 1,991.16 and Hong Kong's Hang Seng Index 0.88% to 21,217.86.

However, Shanghai’s Composite Index managed to close up 0.30% to 2,447.06 and Taiwan's Taiex 0.28% to 7,959.34.

Reuters reported Brent crude slipped below US$125 on Monday, flagging after five days of gains pushed oil to 10-month highs on worries tension over Iran's disputed nuclear programme could lead to a disruption in Middle East supplies.

Brent has risen 16% this year, after a 13.3 percent gain in 2011, helping weaken recent strong correlations with stock markets.

Meanwhile, the world's 20 leading economies, the G20, piled pressure on Germany at the weekend to drop its opposition to a bigger European bailout fund, telling Europe it must put up extra money if it wanted more help from other countries.

At Bursa Malaysia, penny stocks were among the most active. Naim Indah Corp added one sen to 52.5 sen while Envair also inched up one sen to 30.5 sen.

Harvest Court rose 18 sen to RM1.23 and the warrants 15 sen to 98 sen as speculative interest return to the stock.

Consumer stocks were top gainers, with Dutch Lady up RM1.70 to RM27.5, Carlsberg 25 sen to RM9.70, Panasonic Malaysia and Guinness Anchor, both up by 20 sen to RM21.20 and RM12.94 respectively.

Among the losers were Hong Leong Industries, down 22 sen to RM3.99, Malpac fell 20 sen to RM1.50. Latexx-WA fell 14 sen to RM1.14 and Latexx 13 sen to RM1.55.

However, consumer heavyweight Nestle fell 28 sen to RM54.92,

CIMB Equities Research said earlier on Monday it was maintaining its Underperform call on Nestle at RM55.20 with a target price of RM48.30.

“While we like Nestle’s defensive earnings and huge consumer base, its 27 times FY12 P/E is pricey. We reiterate our Underperform call (DCF-based target price), with the main potential derating catalyst being volatile commodity prices,” it said.



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Stocks to watch: MMC Corp, Gamuda, Bursa Malaysia and HL Industries

KUALA LUMPUR (Feb 10): Stocks on Bursa Malaysia could extend their gains for the third day on Friday as investors could be emboldened after Greek leaders clinched a long-stalled deal on reforms and austerity measures needed to secure a bailout and avoid a messy default.

Reuters reported the deal was struck hours before the country's financial backers were to meet in Brussels on Thursday.

Athens' partners in the European Union and the International Monetary Fund have been exasperated by a lack of agreement on the sacrifices they demanded in return for a 130 billion euro ($172 billion) bailout, with time running out for Greece before a major March 20 bond redemption, said Reuters.

At Bursa Malaysia, MMC CORPORATION BHD [] and GAMUDA BHD [] would be among the stocks to watch as the joint venture will be appointed project delivery partner for the KL MRT project. MRT Corporation will be signing the agreement with MMC-Gamuda Joint Venture Sdn Bhd for the project on Friday afternoon.

Also in focus would be Bursa Malaysia and Hong Leong Industries following the release of their results.

Other counters which could see trading interest again are Selangor-related companies -- KUMPULAN PERANGSANG SELANGOR [], KUMPULAN HARTANAH SELANGOR BHD [], PUNCAK NIAGA HOLDINGS BHD [] and water pipe manufacturer JAKS Resources Bhd.

Bursa Malaysia’ earnings rose 29% to RM146.16 million for FY ended Dec 31, 2011 from RM113.04 million in 2010 and expects market volatility is expected to persist in 2012 unless there is more clarity on how the global economy will pan out. Its revenue increased 16.3% to RM420.14 million from RM361.05 million. It proposed a final dividend of 13 sen per share for the year under review, which was a distribution of 95% of its net profit.

For the fourth quarter, its earnings rose 5.2% to RM31.33 million from RM29.78 million. Revenue slipped 6.1% to RM95.67 million from RM101.91 million. Earnings per share were 5.90 sen compared with 5.60 sen.

Hong Leong Industries reported net profit of RM35.47 million for the second quarter ended Dec 31, 2011, down 39.6% from RM58.81 million a year ago.

Its revenue increased 14.5% to RM488.63 million from RM426.49 million a year ago. Its earnings per share were 11.51 sen compared with 22.48 sen.

HL Industries said that MALAYSIAN PACIFIC INDUSTRIES [] Bhd ceased to be a subsidiary of the group at the end of the previous financial year ended June 30, 2011.

BERJAYA LAND BHD [] (B-Land) recorded a net loss of about RM8.05 million at group level after it disposed of 18.301 million BERJAYA SPORTS TOTO BHD [] shares for RM79.61 million.

B-Land said the shares were disposed of on Thursday at an average selling price of RM4.35 and the shares represented about 1.37% of BToto.

“The disposed shares which were purchased since 1992, have a total carrying value of about RM87.66 million in the books of B-Land group. The net proceeds from the disposals will be utilised as working capital and repayment of bank borrowings of the B-Land group,” it said.

Bursa Malaysia Securities Bhd has advised investors to be cautious following the recent sharp rise in the price and volume of Naim Indah Corporation shares.

Naim Indah shares closed 18 sen higher at 67 sen with 342.12 million shares done, off the day’s high of 75 sen. It fell to an intra-day low of 59.5 sen.



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KLCI remains in the red at mid-day as Asian markets pause

KUALA LUMPUR (Jan 27): The FBM KLCI remained in the red at the mid-day break on Friday, as regional markets paused after the recent rally in line with the mixed overnight trade at the US markets.

The FBM KLCI fell 2.12 points to 1,521.74 at the mid-day break, weighed by select blue chips.

Gainers edged losers by 357 to 345, while 297 counters traded unchanged. Volume was 1.21 billion shares valued at RM893.67 million.

The ringgit weakened 0.01% to 3.0408 versus the US dollar; crude palm oil futures for the third month delivery rose RM2 per tonne to RM3,133, crude oil added 14 cents per barrel to US$99.84 while gold fell 33 cents an ounce to US$1,720.32.

At the regional markets, Japan’s Nikkei 225 fell 0.24% to 8,828.48, Hong Kong’s Hang Seng Index down 0.04% to 20,431.90 and South Korea’s Kospi shed 0.02% to 1,956.75, while Singapore’s Straits Times Index edged up 0.04% to 2,895.55.

On Bursa Malaysia, HLFG fell 26 sen to RM12, Tahps lost 25 sen to RM4.25, Genting PLANTATION []s down 20 sen to RM9.45, Hong Leong Industries down 18 sen to RM4.21, Triplc 15 sen to 39 sen, Fima Corp 12 sen to RM6.14, Warisan and MPI lost 11 sen each to RM2.55 and RM3.58, while Sunchirin lost 10 sen to RM1.65.

Gainers this morning included Bintulu Port, IJM Corp, Hartalega, Southern Acids, Puncak Niaga, Batu Kawan, Hong Leong Bank, Esso, AZRB and DRB-Hicom.

The actives included TMS, Karyon, DRB-Hicom and Palette.



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KLCI slips at mid-morning as regional rally takes a breather

KUALA LUMPUR (Jan 27): The FBM KLCI slipped at mid-morning on Friday, in line with the weaker sentiment at key regional bourses as markets took a breather from the recent rally.

At the global markets, a broad asset rally inspired by the US Federal Reserve's pledge to keep rates low paused on Friday, as investors sought to gauge how sustainable the burst of optimism will be while waiting for the outcome of crucial Greek debt talks, according to Reuters.

The FBM KLCI fell 3.74 points to 1,520.12 at 10am, weighed by losses at select blue chips.

Gainers edged losers by 235 to 205, while 252 counters traded unchanged. Volume was 538.98 million shares valued at RM369/81 million.

At the regional markets, Japan’s Nikkei 225 edged down 0.02% to 8,847.62 and South Korea’s Kospi shed 0.14% to 1,954.48, while Hong Kong’s Hang Seng Index added 0.24% to 20,487.90 and Singapore’s Straits Times Index gained 0.25% to 2,901.54.

BIMB Securities Research in a note Jan 27 said it was a mixed trading day on Wall Street on Thursday from a mixed batch of earnings and economic data in the US.

Lower new home sales, higher durable goods orders and higher jobless claims had all placed investors on an indecisive mode, it said.

As a consequence, the Dow Jones Industrial Average erased early gains to end the session 22 points lower, it said.

The research house said whilst negotiations in Athens are still ongoing, most European indices reversed their losses from the past few sessions to chalk up impressive gains possibly on a technical rebound.

As for Asia, equity performances remain strong with almost all closed on a high, it said.

“Locally, the FBM KLCI gained 4 points to close above the 1,520 mark with interests again centred on the lower liners and we expect the same for today.

“It is interesting to note that the MYR is gaining momentum against the greenback hovering at RM3.04/US$1 indicating that funds may be flowing back into the country again.

“Recent calls to overweight the PLANTATION [] sector are bearing fruits and our top calls are Hap Seng Plantations and TH Plantations which are still low on valuations,” it said.

Among the decliners on Bursa Malaysia, Genting Plantations fell 25 sen to RM9.40, TDM 13 sen to RM4.29, Fima Corp 12 sen to RM6.14, Hong Leong Industries nine sen to RM4.30, Public Bank eight sen to RM13.32, Kossan seven sen to RM3.40, while Aeon, Delloyd and Can-One fell six sen each to RM7.40, RM3.44 and RM2.03.

Gainers included IJM Corp, Scicom, Nestle, Hartalega, DRB-Hicom, AZRB, Amway, Shell and MISC, while the actives included TMS, Karyon, DBE Gurney, Jotech, UEM Land and DRB-Hicom.



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KLCI ends year of the Rabbit on a positive note

KUALA LUMPUR (Jan 20): The FBM KLCI closed higher on the final trading day of the Rabbit lunar year, in line with the positive close at key regional markets.

However, the for European stocks and the euro ran out of steam on Friday, with markets focused on debt talks between Greece and its private creditors that may prove the trigger for the next leg of the euro zone's debt crisis, according to Reuters.

The FBM KLCI closed 5.85 points higher at 1,522.66. Year-to-date, the index was up 1.34%.

Gainers beat losers by 512 to 249, while 301 counters traded unchanged. Volume was 1.65 billion shares valued at RM1.49 billion.

At the regional markets, Japan’s Nikkei rose 1.47% to 8,766.36, South Korea’s Kospi added 1.82% to 1,949.89, the Shanghai Composite Index up 1% to 2,319.12, Hong Kong’s Hang Seng Index gained 0.84% to 20,110.37 and Singapore’s Straits Times Index rose 1.36% to 2,849.38.

On Bursa Malaysia, KLK rose 70 sen to RM25.48, Hong Leong Industries up 24 sen to RM4.27, BLD PLANTATION []s and UMW 20 sen each to RM8.15 and RM7.10, Genting 16 sen to RM10.98, while Genting Plantations, TDM, Lafarge Malayan Cement, MPI and DKSH added 13 sen each to RM9.28, RM4.10, RM6.86, RM3.28 and RM1.98 respectively.

DBE Gurney was the most actively traded counter after it confirmed that it was in talks with a shareholder of CI Holding Bhd which includes a private placement exercise.

The stock fell half one sen to 12.5 sen with 169.3 million shares done, while its warrants fell half a sen to 7 sen with 57.7 million units done.

Other actives included TMS, Compugates, DVM, Flonic, Tiger Synergy and Utopia.

Decliners included BAT, Supermax, Bintulu Port, A-Rank, JT International, Shell, Atlan, KrisAssets and Harvest Court.



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KLCI edges up but Asian markets mired in red

KUALA LUMPUR (Dec 15): The FBM KLCI bucked the trend and edged up to close marginally higher on Thursday, but key regional markets mostly extended their losses amid fears that Europe's debt crisis continues to worsen.

But European markets opened slightly higher and bounced off a two-week closing low, lifted by some mild bargain hunting.

The FBM KLCI rose 0.99 point to close at 1,464.11.

Gainers trailed losers by 346 to 380, while 314 counters traded unchanged. Volume was 1.56 billion shares valued at RM1.25 billion.

At the regional markets, the Shanghai Composite Index lost 2.14% to 2,180.90, Taiwan’s Taiex fell 2.28% to 6,764.59, South Korea’s Kospi was down 2.08% to 1,819.11, Hong Kong’s Hang Seng Index lost 1.78% to 18,026.84, Japan’s Nikkei 225 fell 8,377.37 and Singapore’s Straits Times Index shed 1.39% to 2,635.25.

On Bursa Malaysia, QSR and KFCH were in focus on Johor Corporation’s plans to privatise the two companies. QSR rose 44 sen to RM6.44 while KFCH was up 39 sen to RM3.80.

Other gainers included Proton that rose 38 sen to RM4.55, UMW 34 sen to RM6.84, KrisAssets and GAB 32 sen each to RM5.62 and RM13.50, Kulim 28 sen to RM3.97, Jaya Tiasa 18 sen to RM6.91 and APM Automotive 17 sen to RM4.39.

Among the decliners, Dutch Lady lost RM1.30 to RM24.58, KLK 48 sen to RM22.12, Nestle 46 sen to RM56.02, Aeon 25 sen to RM7.15, Batu Kawan 20 sen to RM17.26, Bintulu Port 17 sen to RM6.70, MPI 16 sen to RM2.70, Hong Leong Industries 15 sen to RM3.95 while Hartalega was down 14 sen to RM5.61.

Meanwhile, the actives included JCY, Sanichi, QSR, KFC, Flonic and Proton.



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