Monday, October 25, 2010

FBM KLCI rises in early trade

KUALA LUMPUR: The FBM KLCI opened higher on Monday, Oct 25 in line with the marginal gains at key regional markets after US stocks capped a third straight week of gains last Friday as encouraging earnings helped the market sustain upward momentum.

At 9.05am, the FBM KLCI was up 2.92 points to 1,493.56.

Among the early gainers were PLANTATION [] stocks Batu Kawan and KLK that added 20 sen to RM15.50 and RM18.70, Kulim up eight sen to RM9.60 while PPB rose six sen to RM18.54.

Bursa gained 12 sen to RM8.36, TSH up 11 sen to RM2.50, while Hong Leong Bank, Southern Acids and Lion Forest Industries gained 10 sen each to RM9.10, RM2.80 and RM2.31 respectively.

Early decliners included Petronas Gas, Parkson, Hai-O, Uzma, Stemlife, Mah Sing and Ogawa.


No comments:

Post a Comment