KUALA LUMPUR: The FBM KLCI remained in positive territory at the mid-day break on Friday, Oct 22 but gains were limited in line with the general cautious approach at regional markets.
Most investor attention was focused on the on-going meeting of Group of 20 finance ministers and central bankers in Seoul, Korea that is expected to address issues including currency depreciation.
Earlier in the day, most regional markets advanced, albeit cautiously, on the overnight higher close at Wall Street.
On Bursa Malaysia, added 1.18 points to 1,492.20 at 12.30pm. Gainers trailed losers by 300 to 338, while 291 counters traded unchanged. Volume was 627.58 million valued at RM714.41 million.
The ringgit weakened 0.16% to 3.1115 versus the greenback; crude palm oil for the third month delivery rose RM13 per tonne to RM3,003; gold added US$1.26 an ounce to US$1,326.94 (RM4,126.78) while crude oil rose 45 US cents per barrel to US$81.01.
On Bursa Malaysia, MTD Capital was the top gainer and added 56 sen to RM6.35 before trading was halted at 10.53am after the Philippines Supreme Court upheld the legality of the contracts entered into the Philippines government with private investors on the CONSTRUCTION [], maintenance and operation of the South Luzon Expressway (SLEx) project.
The Court also lifted the temporary restraining order (TRO) it issued last Aug 13 against the implementation of the 250% increase in toll rates at the SLEx based in the Supplemental Toll Operation Agreement (STOA) signed by the government and its joint venture partners in 2006.
Trading of MTD's shares will resume at 2.30pm Friday.
Other gainers included Southern Acids that rose 10 sen to RM2.54, CCB up 17 sen to RM5.05, United PLANTATION []s added 16 sen to RM16.38, Boustead gained 15 sen to RM5.57, MISC added 14 sen to RM8.74, Lion Forest Industries and Tan Chong rose 12 sen each to RM2.21 and RM5.52, while Fima Corp and Genting Plantations rose 10 sen each to RM5.56 and RM8.40.
The top loser this morning was JT International that lost 19 sen to RM5.71; Ibraco fell 13 sen to 96 sen, UAC and Dutch Lady down 12 sen each to RM3.46 and RM18.18, MAHB and Genting lost 10 sen each to RM5.87 and RM10.50, while F&N, Padini and KLK fell eight sen each to RM14.26, RM4.72 and RM18.98 respectively.
Karambunai was the most actively traded counter this morning. The stock fell 1.5 sen to 21 sen with 45.5 million shared done. Other actives included Ariantec Global, MLabs, Timecom and GW Plastics.
At the regional markets, Japan's Nikkei 225 gained 0.48% to 9,421.68, Taiwan's Taiex rose 0.30% to 8,155.37, and the South Korean Kospi up 0.89% to 1,891.40.
However, the Shanghai Composite Index and Hong Kong's Hang Seng Index shed 0.20% each to 2,977.45 and 23,603.01, while Singapore's Straits Times Index fell 0.12% to 3,159.76.
Most investor attention was focused on the on-going meeting of Group of 20 finance ministers and central bankers in Seoul, Korea that is expected to address issues including currency depreciation.
Earlier in the day, most regional markets advanced, albeit cautiously, on the overnight higher close at Wall Street.
On Bursa Malaysia, added 1.18 points to 1,492.20 at 12.30pm. Gainers trailed losers by 300 to 338, while 291 counters traded unchanged. Volume was 627.58 million valued at RM714.41 million.
The ringgit weakened 0.16% to 3.1115 versus the greenback; crude palm oil for the third month delivery rose RM13 per tonne to RM3,003; gold added US$1.26 an ounce to US$1,326.94 (RM4,126.78) while crude oil rose 45 US cents per barrel to US$81.01.
On Bursa Malaysia, MTD Capital was the top gainer and added 56 sen to RM6.35 before trading was halted at 10.53am after the Philippines Supreme Court upheld the legality of the contracts entered into the Philippines government with private investors on the CONSTRUCTION [], maintenance and operation of the South Luzon Expressway (SLEx) project.
The Court also lifted the temporary restraining order (TRO) it issued last Aug 13 against the implementation of the 250% increase in toll rates at the SLEx based in the Supplemental Toll Operation Agreement (STOA) signed by the government and its joint venture partners in 2006.
Trading of MTD's shares will resume at 2.30pm Friday.
Other gainers included Southern Acids that rose 10 sen to RM2.54, CCB up 17 sen to RM5.05, United PLANTATION []s added 16 sen to RM16.38, Boustead gained 15 sen to RM5.57, MISC added 14 sen to RM8.74, Lion Forest Industries and Tan Chong rose 12 sen each to RM2.21 and RM5.52, while Fima Corp and Genting Plantations rose 10 sen each to RM5.56 and RM8.40.
The top loser this morning was JT International that lost 19 sen to RM5.71; Ibraco fell 13 sen to 96 sen, UAC and Dutch Lady down 12 sen each to RM3.46 and RM18.18, MAHB and Genting lost 10 sen each to RM5.87 and RM10.50, while F&N, Padini and KLK fell eight sen each to RM14.26, RM4.72 and RM18.98 respectively.
Karambunai was the most actively traded counter this morning. The stock fell 1.5 sen to 21 sen with 45.5 million shared done. Other actives included Ariantec Global, MLabs, Timecom and GW Plastics.
At the regional markets, Japan's Nikkei 225 gained 0.48% to 9,421.68, Taiwan's Taiex rose 0.30% to 8,155.37, and the South Korean Kospi up 0.89% to 1,891.40.
However, the Shanghai Composite Index and Hong Kong's Hang Seng Index shed 0.20% each to 2,977.45 and 23,603.01, while Singapore's Straits Times Index fell 0.12% to 3,159.76.
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