Tuesday, October 12, 2010

FBM KLCI breaches 1,490-point level

KUALA LUMPUR: The FBM KLCI breached the 1,490-point level when it opened for trade on Tuesday, Oct 12, lifted by gains including at Sime Darby, Genting and IOI Corp.

The positive opening was also in line with the overnight higher closing at Wall Street and the gains at Japan's Nikkei 225 that started trade after a national holiday on Monday.

At 9.05am, the FBM KLCI was up 3.36 points to 1,490.77. Gainers led losers by 117 to 31, while 108 counters traded unchanged. Volume was 56.62 million valued at RM37.69 million.

Among the early gainers, Sime Darby was up 11 sen to RM8.81, Jerneh added nine sen to RM3.06, Genting up eight sen to RM10.60, IOI Corp up seven sen to RM5.65 and Guan Chong gained six sen to RM1.94.

Meanwhile, Daiman and Masterskill rose five sen each to RM1.78 and RM3.49. Among the early decliners were BAT, MISC, LPI Capital, CIMB and Tanjung Offshore.


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