KUALA LUMPUR: Property-related companies linked to Iskandar Malaysia saw very active trade on Wednesday, Sept 29 while market sentiment was firm, in line with the stronger key regional markets.
MRCB also came into focus on expectations it could benefit from the Economic Transformation Pogramme (ETP) and the development of the Rubber Research Institute Malaysia land. MRCB hit its highest since February 2008.
At the close, the FBM KLCI rose 2.14 points to 1,461.78. Turnover was 903.64 million shares valued at RM1.44 billion. Advancing counters beat decliners 430 to 283 while 306 stocks were unchanged.
In Hong Kong, stocks rose to an eight-month closing high on Wednesday for the second-last session of the quarter, driven by buying of index heavyweights ahead of the expiry of futures settlement contracts, and underpinned by gains on Wall Street.
The benchmark Hang Seng Index ended up 1.22% or 268.72 points at 22,378.67. The China Enterprises Index of top locally listed mainland Chinese stocks closed up 2.04% at 12,429.28.
The Nikkei average clawed up 0.7 percent on Wednesday, Sept 29 on window-dressing before the end of Japan's financial first half, but it pared earlier gains as the yen's strength revived and resistance held strong.
An additional boost came from a poor December outlook in the Bank of Japan's "tankan" survey of business sentiment, which some market players said could increase expectations the central bank will discuss easing monetary policy further at a meeting next week.
At Bursa Malaysia, UEM Land rose 17 sen to RM2.19 and Tebrau Teguh three sen to 76. 5 sen. MRCB advanced 13 sen to RM2.16.
Karambunai was the most active with 49.7 million shares done. It rose 1.5 sen to 13 sen. The shares rallied last week on news reports of an integrated resorts project in Sabah but the share price fell after it was denied by the company and the Sabah Barisan Nasional.
Masterskill Education Group jumped 22 sen to RM3.25 when it received the certificate of registration for Kuching campus from the Ministry of Higher Education and it was expected to be fully operational by Friday, Oct 1.
TAHPS rose the most, up 25 sen to RM4.40, Nestle 22 sen to RM42.02, BAT 18 sen to RM48.64 and Sime 14 sen to RM8.53.
MRCB also came into focus on expectations it could benefit from the Economic Transformation Pogramme (ETP) and the development of the Rubber Research Institute Malaysia land. MRCB hit its highest since February 2008.
At the close, the FBM KLCI rose 2.14 points to 1,461.78. Turnover was 903.64 million shares valued at RM1.44 billion. Advancing counters beat decliners 430 to 283 while 306 stocks were unchanged.
In Hong Kong, stocks rose to an eight-month closing high on Wednesday for the second-last session of the quarter, driven by buying of index heavyweights ahead of the expiry of futures settlement contracts, and underpinned by gains on Wall Street.
The benchmark Hang Seng Index ended up 1.22% or 268.72 points at 22,378.67. The China Enterprises Index of top locally listed mainland Chinese stocks closed up 2.04% at 12,429.28.
The Nikkei average clawed up 0.7 percent on Wednesday, Sept 29 on window-dressing before the end of Japan's financial first half, but it pared earlier gains as the yen's strength revived and resistance held strong.
An additional boost came from a poor December outlook in the Bank of Japan's "tankan" survey of business sentiment, which some market players said could increase expectations the central bank will discuss easing monetary policy further at a meeting next week.
At Bursa Malaysia, UEM Land rose 17 sen to RM2.19 and Tebrau Teguh three sen to 76. 5 sen. MRCB advanced 13 sen to RM2.16.
Karambunai was the most active with 49.7 million shares done. It rose 1.5 sen to 13 sen. The shares rallied last week on news reports of an integrated resorts project in Sabah but the share price fell after it was denied by the company and the Sabah Barisan Nasional.
Masterskill Education Group jumped 22 sen to RM3.25 when it received the certificate of registration for Kuching campus from the Ministry of Higher Education and it was expected to be fully operational by Friday, Oct 1.
TAHPS rose the most, up 25 sen to RM4.40, Nestle 22 sen to RM42.02, BAT 18 sen to RM48.64 and Sime 14 sen to RM8.53.
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