Monday, November 1, 2010

FBM KLCI continues to hover at 1,500 level

KUALA LUMPUR: Banking and PLANTATION [] heavyweights continued to extend their gains in mid-morning trade on Monday, Nov 1, boosting the FBM KLCI to hover at the 1,500 psychological level.

At 10:30am, the benchmark index was up 1.57 points to 1,507.23 while banking stocks such as CIMB added seven sen to RM8.36, AMMB climbed seven sen to RM6.39, Public Bank rose four sen to RM12.76 and RHBCap up eight sen to RM8.11.

Plantation stocks that took the lead include Sime Darby that grew three sen to RM8.86 while KLK was unchanged at RM19.80.

There were 311 gainers and 257 losers while 211 stocks remained unchanged. Top gainer was Kulim which rose 40 sen to RM10.10 with turnover of 376,900 units while Carotech was the most actively traded stock with 28.73 million shares traded.

Newly listed MMHE, which was closely focused last Friday, has dipped 3-sen to RM4.48.


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