KUALA LUMPUR: Blue chips advanced in early trade on Monday, Sept 6, with CIMB and AMMB among the gainers as investors' sentiment was galvanised by the firmer close on Wall Street as anxiety over a new recession eased.
The broader market was firmer despite the some blue chips had given up some of their early gains. The FBM KLCI rose 1.32 points to 1,436.99. Turnover was 181.09 million shares done valued at RM173.33 million. There were 222 gainers, 135 losers and 191 stocks unchanged.
Last Friday, Wall Street climbed as anxiety of a double-dip recession eased. The US Labor Department said non-farm payrolls fell 54,000 in August. Private employment, considered a better gauge of labour market health than government hiring, added 67,000 jobs after an upwardly revised 107,000 gain in July.
At Bursa Malaysia, CIMB and AMMB rose nine sen each to RM7.98 and RM5.98 respectively.
Nestle was the top gainer, up 40 sen to RM41 with 4,000 shares done. Mamee added 10 sen to RM3.46.
High-end property developer Sunrise climbed 10 sen to RM2.09 with 1.3 million shares done.
Talam was the most active with 25.92 million shares done, up 0.5 sen to 9.5 sen. Mudajaya-CB rose 0.5 sen to 7.5 sen while the shares eased one sen to RM4.47 and the Mudajaya-CA inched up one sen to 22 sen.
The decliners were Petronas Gas, shedding 28 sen to RM10.42 with just 100 shares done. Bintulu Port fell 17 sen to RM6.82.
The broader market was firmer despite the some blue chips had given up some of their early gains. The FBM KLCI rose 1.32 points to 1,436.99. Turnover was 181.09 million shares done valued at RM173.33 million. There were 222 gainers, 135 losers and 191 stocks unchanged.
Last Friday, Wall Street climbed as anxiety of a double-dip recession eased. The US Labor Department said non-farm payrolls fell 54,000 in August. Private employment, considered a better gauge of labour market health than government hiring, added 67,000 jobs after an upwardly revised 107,000 gain in July.
At Bursa Malaysia, CIMB and AMMB rose nine sen each to RM7.98 and RM5.98 respectively.
Nestle was the top gainer, up 40 sen to RM41 with 4,000 shares done. Mamee added 10 sen to RM3.46.
High-end property developer Sunrise climbed 10 sen to RM2.09 with 1.3 million shares done.
Talam was the most active with 25.92 million shares done, up 0.5 sen to 9.5 sen. Mudajaya-CB rose 0.5 sen to 7.5 sen while the shares eased one sen to RM4.47 and the Mudajaya-CA inched up one sen to 22 sen.
The decliners were Petronas Gas, shedding 28 sen to RM10.42 with just 100 shares done. Bintulu Port fell 17 sen to RM6.82.
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