Tuesday, July 20, 2010

FBM KLCI opens higher; education counters continue to shine

KUALA LUMPUR: The FBM KLCI opened higher on Tuesday, July 20 lifted by gains including at PPB, Genting, MISC and RHB Capital.

At 9.10am, the benchmark index rose 2.53 points to 1,335.88. Gainers led losers by 143 to 24, while 96 counters traded unchanged. Volume was 58.29 million shares valued at RM44.16 million.

Education counters continued to shine, with HELP International racking up 64 sen to RM4.69 and SEG adding 18 sen to RM2.36.

EA Holdings Bhd made an impressive debut on the ACE Market of Bursa Malaysia this morning when it soared 36 sen to 61 sen with 4.35 million shares done. It was among the most actively traded counters.

The company's plan is to expand its ICT businesses especially its radio frequency identification applications. Its current customers include Bursa Malaysia and TENAGA NASIONAL BHD [].

Kulim rose 16 sen to RM7.86, Nilai and Ho Hup gained 11 sen each to 68 sen and 83 sen respectively, Cycle & Carriage and PPB up 10 sen each to RM8 and RM17.22 respectively, while Genting rose eight sen to RM7.61.

RHB Capital was up four sen to RM6.11. MISC two sen to RM8.70 while Ann Joo, Pelikan and Bursa rose one sen each to RM2.59, RM1.12 and RM7.04 respectively.

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