Monday, November 1, 2010

Market starts November on firm note

KUALA LUMPUR: The local stock market started off on a firm note for November, with banks taking the lead while Malaysian Malaysian Marine and Heavy Engineering Holdings Bhd extended its gains.

At 9am on Monday, Nov 1, the FBM KLCI was up 5.03 points to 1,510.69. Turnover was 25.84 million shares valued at RM13.32 million. There were 89 gainers, 22 losers and 84 stocks unchanged.

Among the banks, CIMB rose 10 sen to RM8.39, AMMB added seven sen to RM6.39 and Public Bank gained six sen to RM12.78.

MMHE rose seven sen to RM4.58. Its institutional price was RM3.80 and retail price RM3.61.

TSM was the top gainer, up 27 sen to RM4.29'' with 20,500 shares done.

Among PLANTATION []s, KL Kepong rose 18 sen to RM19.98 and Kulim 10 sen to RM9.80.

Hovid shed 4.5 sen to 14 sen, Carotech 1.5 sen to 5.5 sen and Hovid-WA one sen lower to three sen


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