KUALA LUMPUR: Some mild buying of banking stocks'' helped put the FBM KLCI on a firmer start on Wednesday, Sept 29 as investors' sentiment was lifted by the firmer overnight close on Wall Street and key Asian markets.
At 9.05am, the FBM KLCI was up 5.36 points to 1,465. Turnover was 25.85 million shares valued at RM21.51 million. There were 114 gainers, 34 losers and 77 stocks unchanged.
On Wall Street, the Dow Jones industrial average gained 46.10 points, or 0.43 percent, to end at 10,858.14. The Standard & Poor's 500 Index rose 5.54 points, or 0.49 percent, to 1,147.70. The Nasdaq Composite Index advanced 9.82 points, or 0.41 percent, to 2,379.59.
Reuters reported latecomers jumped onto the September bandwagon, buying up sectors that have outperformed during the month.
At Bursa Malaysia, Hong Leong Bank rose 11 sen to RM9.21, RHB Cap seven sen to RM7.10 and Public Bank six sen to RM12.58.
Nestle was the top gainer, up 70 sen to RM42.50 with only 100 shares done. KLK added 30 sen to RM17.28 while Genting edged up seven sen to RM9.95.
At 9.05am, the FBM KLCI was up 5.36 points to 1,465. Turnover was 25.85 million shares valued at RM21.51 million. There were 114 gainers, 34 losers and 77 stocks unchanged.
On Wall Street, the Dow Jones industrial average gained 46.10 points, or 0.43 percent, to end at 10,858.14. The Standard & Poor's 500 Index rose 5.54 points, or 0.49 percent, to 1,147.70. The Nasdaq Composite Index advanced 9.82 points, or 0.41 percent, to 2,379.59.
Reuters reported latecomers jumped onto the September bandwagon, buying up sectors that have outperformed during the month.
At Bursa Malaysia, Hong Leong Bank rose 11 sen to RM9.21, RHB Cap seven sen to RM7.10 and Public Bank six sen to RM12.58.
Nestle was the top gainer, up 70 sen to RM42.50 with only 100 shares done. KLK added 30 sen to RM17.28 while Genting edged up seven sen to RM9.95.
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