KUALA LUMPUR: The FBM KLCI opened higher on Wednesday, Oct 13 in line with the positive overnight close at Wall Street where US stocks rose on fresh optimism that the Federal Reserve would once again flood markets with cheap cash to further boost growth.
At 9.05am, the 30-stock FBM KLCI was up 4.95 points to 1,491.52, lifted by gains including at DiGi, KL Kepong, Petronas Dagangan and IOI Corporation.
DiGi rose 32 sen to RM24.62, Star was up 28 sen to RM4, KLK added 22 sen to RM18.10, Petronas Dagangan gained 16 sen to RM11.08, PLUS up 13 sen to RM4.40 and Genting PLANTATION []s rose 10 sen to RM8.68.
Meanwhile, IOI Corp, Bolton, Sunrise and Mudajaya added six sen each to RM5.66, RM1.15, RM2.19 and RM4.46, respectively.
JCY International was the most actively traded counter in early trade after Intel Corp announced stronger-than-expected third-quarter results and a forecast for better sales in the fourth quarter. JCY rose 4.5 sen to 99.5 sen with 5.67 million shares done.
At 9.05am, the 30-stock FBM KLCI was up 4.95 points to 1,491.52, lifted by gains including at DiGi, KL Kepong, Petronas Dagangan and IOI Corporation.
DiGi rose 32 sen to RM24.62, Star was up 28 sen to RM4, KLK added 22 sen to RM18.10, Petronas Dagangan gained 16 sen to RM11.08, PLUS up 13 sen to RM4.40 and Genting PLANTATION []s rose 10 sen to RM8.68.
Meanwhile, IOI Corp, Bolton, Sunrise and Mudajaya added six sen each to RM5.66, RM1.15, RM2.19 and RM4.46, respectively.
JCY International was the most actively traded counter in early trade after Intel Corp announced stronger-than-expected third-quarter results and a forecast for better sales in the fourth quarter. JCY rose 4.5 sen to 99.5 sen with 5.67 million shares done.
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