KUALA LUMPUR: The FBM KLCI shrugged off early jitters and clawed back above the 1,360-point level at the mid-day break on Monday, Aug 16, lifted by gains at Genting, Maybank, Sime Darby and MAS.
At 12.30pm, the benchmark index rose 2.27 points to 1,362.42. Gainers trailed losers by 258 to 317, while 253 counters traded unchanged. Volume was 477.07 million shares valued at RM514.21 million.
Among the major gainers, Genting rose 31 sen to RM8.49, Maybank and Sime Darby up three sen each to RM7.75 and RM7.65 respectively, CIMB up two sen to RM7.33, MAS eight sen to RM2.22, Hong Leong Bank added six sen to RM8.76 and KLK up four sen to RM16.84.
Nestle was up 26 sen to RM39.26, Cocoaland rose 25 sen to RM2.80, Kulim gained 21 sen to RM8.30 and MPI was up 11 sen to RM5.80. Other gainers included Far East, Padini and Parkson.
MTD Capital was the top loser this morning, and fell 37 sen to RM5.15. PPB fell 20 sen to RM17.10, BHIC down 14 sen to RM4.68, F&N lost 12 sen to RM13.86, while Dutch Lady and Petronas Dagangan fell 10 sen each to RM14.44 and RM10.20 respectively.
Newly-listed Berjaya Retail was the most actively traded counter on Monday. The stock fell half a sen to 49.5 sen with 43 million shares done. Other actives included Sinotop, Compugates, TMC Life, Talam, DRB-Hicom and Genting.
At the regional markets, the Shanghai Composite Index reversed its losses from the morning and jumped 1.31% up to 2,640.84, Taiwan's Taiex advanced 0.55% to 7,934.88, and Hong Kong's Hang Seng Index edged up 0.02% to 21,075.96 after data from Japan showed that its second-quarter gross domestic product (GDP) was less than China's before seasonal adjustments, government data showed on Monday.
This underscored expectations that China will overtake Japan as the world's second-largest economy this year, according to Reuters.
Japan's second-quarter unadjusted GDP totalled US$1.2883 trillion (RM4.1 trillion) on a nominal dollar basis, against China's second-quarter unadjusted GDP of US$1.3369 trillion, an estimate by Japan's Cabinet Office showed, it said.
The Nikkei 225 was down 0.54% to 9,203.12, the South Korean Kospi fell 0.88% to 1,730.88 while the Singapore Straits Times Index shed 0.40% to 2,928.27.
At 12.30pm, the benchmark index rose 2.27 points to 1,362.42. Gainers trailed losers by 258 to 317, while 253 counters traded unchanged. Volume was 477.07 million shares valued at RM514.21 million.
Among the major gainers, Genting rose 31 sen to RM8.49, Maybank and Sime Darby up three sen each to RM7.75 and RM7.65 respectively, CIMB up two sen to RM7.33, MAS eight sen to RM2.22, Hong Leong Bank added six sen to RM8.76 and KLK up four sen to RM16.84.
Nestle was up 26 sen to RM39.26, Cocoaland rose 25 sen to RM2.80, Kulim gained 21 sen to RM8.30 and MPI was up 11 sen to RM5.80. Other gainers included Far East, Padini and Parkson.
MTD Capital was the top loser this morning, and fell 37 sen to RM5.15. PPB fell 20 sen to RM17.10, BHIC down 14 sen to RM4.68, F&N lost 12 sen to RM13.86, while Dutch Lady and Petronas Dagangan fell 10 sen each to RM14.44 and RM10.20 respectively.
Newly-listed Berjaya Retail was the most actively traded counter on Monday. The stock fell half a sen to 49.5 sen with 43 million shares done. Other actives included Sinotop, Compugates, TMC Life, Talam, DRB-Hicom and Genting.
At the regional markets, the Shanghai Composite Index reversed its losses from the morning and jumped 1.31% up to 2,640.84, Taiwan's Taiex advanced 0.55% to 7,934.88, and Hong Kong's Hang Seng Index edged up 0.02% to 21,075.96 after data from Japan showed that its second-quarter gross domestic product (GDP) was less than China's before seasonal adjustments, government data showed on Monday.
This underscored expectations that China will overtake Japan as the world's second-largest economy this year, according to Reuters.
Japan's second-quarter unadjusted GDP totalled US$1.2883 trillion (RM4.1 trillion) on a nominal dollar basis, against China's second-quarter unadjusted GDP of US$1.3369 trillion, an estimate by Japan's Cabinet Office showed, it said.
The Nikkei 225 was down 0.54% to 9,203.12, the South Korean Kospi fell 0.88% to 1,730.88 while the Singapore Straits Times Index shed 0.40% to 2,928.27.
No comments:
Post a Comment