KUALA LUMPUR: The FBM KLCI rebounded on Friday, Aug 13 after three days of losses and stayed firmly above the 1,350-point level, lifted by gains including at Genting, Axiata, Maybank and CIMB.
At 10am, the benchmark index rose 6.87 points to 1,356.20. Gainers beat losers by 230 to 127, while 183 counters traded unchanged. Volume was 217.4 million shares valued at RM206.44 million.
Genting advanced and was among the most actively traded stocks Friday morning after AmResearch raised its fair value for Genting to RM10.67.
At 10am, Genting was up 36 sen to RM8.06 with 7.31 million shares done.
Among the other major gainers, Axiata added seven sen to RM4.32, Maybank rose five sen to RM7.71, CIMB up three sen to RM7.31, IOI Corp two sen to RM5.11 while BAT added 44 sen to RM44.
Genting PLANTATION []s and F&N gained 12 sen each to RM7.25 and RM13.70 respectively, MTD and Jerneh rose nine sen each to RM5.34 and RM3.43 respectively, while Tan Chong added eight sen to RM4.96.
Hap Seng was the top loser and fell nine sen to RM2.66. KESM fell seven sen to RM2.13, Oriental Holdings and Dominant Enterprise down five sen each to RM5.30 and 59 sen respectively, while Shell and Uzma fell four sen each to RM10.70 and RM1.50 respectively. Other decliners included PPB, Star and Huat Lai.
Sinotop was the most actively traded stock with 28.1 million shares done. The counter was unchanged at 17 sen. Other actives included P&O, SIG Gases, Talam, Tiger Synergy and Timecom.
Most regional markets also recovered this morning, with the South Korean Kospi up 0.56% to 1,731.41, the Singapore Straits Times Index up 0.48% to 2,940.96 and. Taiwan's Taiex up 0.35% to 7,856.88.
Shanghai's Composite Index was up 0.33% to 2,583.94 while Hong Kong's Hang Seng Index opened little changed at 21,095.39. Japan's Nikkei 225, however, shed 0.29% to 9,186.32.
At 10am, the benchmark index rose 6.87 points to 1,356.20. Gainers beat losers by 230 to 127, while 183 counters traded unchanged. Volume was 217.4 million shares valued at RM206.44 million.
Genting advanced and was among the most actively traded stocks Friday morning after AmResearch raised its fair value for Genting to RM10.67.
At 10am, Genting was up 36 sen to RM8.06 with 7.31 million shares done.
Among the other major gainers, Axiata added seven sen to RM4.32, Maybank rose five sen to RM7.71, CIMB up three sen to RM7.31, IOI Corp two sen to RM5.11 while BAT added 44 sen to RM44.
Genting PLANTATION []s and F&N gained 12 sen each to RM7.25 and RM13.70 respectively, MTD and Jerneh rose nine sen each to RM5.34 and RM3.43 respectively, while Tan Chong added eight sen to RM4.96.
Hap Seng was the top loser and fell nine sen to RM2.66. KESM fell seven sen to RM2.13, Oriental Holdings and Dominant Enterprise down five sen each to RM5.30 and 59 sen respectively, while Shell and Uzma fell four sen each to RM10.70 and RM1.50 respectively. Other decliners included PPB, Star and Huat Lai.
Sinotop was the most actively traded stock with 28.1 million shares done. The counter was unchanged at 17 sen. Other actives included P&O, SIG Gases, Talam, Tiger Synergy and Timecom.
Most regional markets also recovered this morning, with the South Korean Kospi up 0.56% to 1,731.41, the Singapore Straits Times Index up 0.48% to 2,940.96 and. Taiwan's Taiex up 0.35% to 7,856.88.
Shanghai's Composite Index was up 0.33% to 2,583.94 while Hong Kong's Hang Seng Index opened little changed at 21,095.39. Japan's Nikkei 225, however, shed 0.29% to 9,186.32.
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