Friday, July 16, 2010

Food stocks edge higher

KUALA LUMPUR: Consumer stocks, especially food related counters are up in late morning on Friday, July 16, with Hup Seng and Cocoland among the gainers

At 11.04am, biscuit maker Hup Seng is up 16 sen to RM1.73, Cocoland 16 sen higher also at RM2.54, London Biscuits 13 sen to RM1.22 while Kawan and Apollo advanced 10 sen each to RM1.40 and RM3.10.

However, some mild profit taking is seen in F&N, down 18 sen to RM14.02 with 33,000 shares done. F&N rallied to a record high on Thursday on expectations of a capital repayment.

Glove makers also see rising interest with Kossan 30 sen to RM8.48 and Supermax advancing 18 sen to RM6.37 and Adventa 10 sen to RM3.23.

No comments:

Post a Comment