Friday, October 29, 2010

KLCI crosses 1,500 again

KUALA LUMPUR: Malaysian Marine and Heavy Engineering Holdings Bhd (MMHE) helped energise the market and galvanise sentiment, which saw the FBM KLCI crossing the crucial 1,500 mark again on Friday, Oct 29.

At 9.08am, the FBM KLCI was up 2.1 points to 1,501.54. Turnover was 69.24 million shares valued at RM158 million. There were 102 gainers, 66 losers and 132 stocks unchanged.

MMHE jumped to RM4.32 with 33 million shares done. At RM4.32, this was 52 sen above its institutional price of RM3.80. The retail price was RM3.61.

Other gainers were YTL Land, up 12 sen to RM1.40m CIMB added 10 sen to RM8.29.

However, other banks eased, with HL Bank down six sen to RM9.06, AMMB five sen to RM6.24 and Public Bank two sen to RM12.74.

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