Thursday, September 30, 2010

Banks lift FBM KLCI higher at mid-day break

KUALA LUMPUR: The FBM KLCI rose at the mid-day break on Thursday, Sept 30, lifted by gains including those by Maybank, AMMB, DiGi and MMC Corp.

At 12.30pm, the 30-stock index was up 2.30 points to 1,464.08. Gainers, however trailed losers by 253 to 348, while 278 counters traded unchanged. Volume was 575.71 million shares valued at RM732.14 million.

The ringgit weakened 0.09% against the USD dollar to 3.0875; crude palm oil for the third month delivery rose RM25 per tonne to RM2,723.

Meanwhile, crude oil fell 18 cents per barrel to US$77.67 (RM239.80) and gold was down US$1.60 per ounce to US$1,308.25.

On Bursa Malaysia, Maybank rose nine sen to RM8.80, AMMB, HLFG and DiGi added eight sen each to RM5.93, RM9.08 and RM24.22 respectively, and MMC Corp added six sen to RM3.

Putrajaya Perdana jumped 53 sen to RM4.73, Loh & Loh was up 23 sen to RM4.72, Kulim gained 22 sen to RM8.61, UBG was up 20 sen to RM2.45, Hartalega gained 19 sen to RM4.66 while Masterskill advanced 15 sen to RM3.40.

Other gainers this morning included Cycle & Carriage, Paramount, UEM Land and Mudajaya.

The top loser was United Malacca, which lost 30 sen to RM10.50, Hai-O fell 29 sen to RM2.97, DFZ Capital declined 18 sen to RM3.76, while BAT fell 14 sen to RM48.50.

Other decliners included Widetech, PLB and Plenitude.

Among the actives this morning were UEM Land, Tebrau, Karambunai, MRCB, Talam and SAAG.

At the regional markets, Japan's Nikkei 225 slumped 1.2% to 9,444.47; Hong Kong's Hang Seng Index lost 0.27% to 22,317.54; Taiwan's Taiex lost 0.22% to 8,222.80; the South Korean Kospi Index shed 0.12% to 1,864.20; the Singapore Straits Times Index down 0.25% to 3,098.25; while the Shanghai Composite Index rose 1.46% to 2,648.68.


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