Wednesday, September 22, 2010

#Flash* Gamuda rallies on MRT contract hopes

KUALA LUMPUR: Infrastructure player GAMUDA BHD [] rallied in late morning trade on Wednesday, Sept 22 on expectations it would take the lead in the RM35 billion mass rapid-transit project in Kuala Lumpur.

At 10.47am, it is up 22 sen to RM3.97 with 12.37 million shares done. Gamuda was included in the 30-stock FBM KLCI, replacing Tanjong plc.

Gamuda call warrants Gamud-CM added 6.5 sen to 24 sen with 21.68 million units transacted. Its warrants Gamuda-WD added nine sen to RM1.34 with 20.6 million units done.

The FBM KLCI rose 1.95 points to 1,477.94. Turnover was 456.79 million shares done valyed atRM482.04 million. There were 234 gainers, 246 losers and 277 stocks unchanged.


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