Thursday, August 26, 2010

FBM KLCI rebounds in early trade

KUALA LUMPUR: The FBM KLCI rebounded in early trade on Thursday, Aug 26 and briefly crossed the psychologically crucial level of 1,400-points shortly after the opening bell, in line with regional markets following the overnight gains at Wall Street.

At 9.15am, however, it was up 2.27 points at 1,399.24. Gainers led losers by 127 to 40, while 120 counters traded unchanged. Volume was 52.88 million shares valued at RM57.35 million.

Among the early gainers, TRADEWINDS (M) BHD [] added 25 sen to RM3.78, PPB was up 20 sen to RM17.10, HELP International rose 16 sen to RM4.01, Hap Seng was up 10 sen while MNRB gained nine sen to RM2.68.

Mudajaya was up eight sen to RM4.22, Huat Lai seven sen to RM1.18, while Allianz and Ibraco rose six sen each to RM4.22 and RM1.02, respectively.

Among the early decliners were KFCH, Wah Seong, Tenaga, Genting Malaysia and Tanjong. Actives included Mithril, Carotech,Axiata and Compugates.

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