KUALA LUMPUR: The FBM KLCI extended its gains for the second day in line with generally positive trading pattern at most key regional markets as bargain hunting lifted stocks.
At 10am, the 30-stock FBM KLCI was up 5.78 points to 1,510.96, boosted by gains at blue chips including BAT, KLK, AMMB and Genting.
Gainers led losers by 261 to 163, while 203 counters traded unchanged. Volume was 319.17 million shares valued at RM298.27 million.
At the regional markets, the Shanghai Composite Index added 0.39% to 2,915.53, Singapore's Straits Times Index was up 0.49% to 3,155.39, Taiwan's Taiex rose 0.20% to 8,845.84, South Korea's Kospi gained 0.16% to 2,040.27, Japan's Nikkei 225 edged up 0.06% to 10,376.48 while Hong Kong's Hang Seng Index opened 0.2% higher at 23,035.07.
On Bursa Malaysia, BAT was the top gainer at mid-morning and added 38 sen to RM44.96; DFZ Capital added 25 sen to 3.87, KLK rose 18 sen to RM21, LPI Capital up 16 sen to RM12.98, AMMB up 14 sen to RM6.91, Genting rose 12 sen to RM10.58 and Chin Teck was up 10 sen to RM8.80.
KNM, which landed a RM2.2 billion EPCC job in the UK, added 16 sen to RM2.58.
AmResearch Sdn Bhd maintained its Buy call on KNM with a higher fair value of RM3.45 (versus RM2.12 previously), given re-accelerated order flows.
Meanwhile, Subur Tiasa jumped 12 sen to RM2.40 after its 1Q net profit surged 41.4% to RM10 million from RM7.07 million a year earlier.
The actives this morning included KNM, Hubline, Timecom, Zelan, Petra, Ranhill, Keladi and LCL Corp.
Decliners included Hap Seng, Lafarge Malayan Cement, Iretex, D'Nonce, Ajiya, S P Setia, Hai-O and Aeon.
At 10am, the 30-stock FBM KLCI was up 5.78 points to 1,510.96, boosted by gains at blue chips including BAT, KLK, AMMB and Genting.
Gainers led losers by 261 to 163, while 203 counters traded unchanged. Volume was 319.17 million shares valued at RM298.27 million.
At the regional markets, the Shanghai Composite Index added 0.39% to 2,915.53, Singapore's Straits Times Index was up 0.49% to 3,155.39, Taiwan's Taiex rose 0.20% to 8,845.84, South Korea's Kospi gained 0.16% to 2,040.27, Japan's Nikkei 225 edged up 0.06% to 10,376.48 while Hong Kong's Hang Seng Index opened 0.2% higher at 23,035.07.
On Bursa Malaysia, BAT was the top gainer at mid-morning and added 38 sen to RM44.96; DFZ Capital added 25 sen to 3.87, KLK rose 18 sen to RM21, LPI Capital up 16 sen to RM12.98, AMMB up 14 sen to RM6.91, Genting rose 12 sen to RM10.58 and Chin Teck was up 10 sen to RM8.80.
KNM, which landed a RM2.2 billion EPCC job in the UK, added 16 sen to RM2.58.
AmResearch Sdn Bhd maintained its Buy call on KNM with a higher fair value of RM3.45 (versus RM2.12 previously), given re-accelerated order flows.
Meanwhile, Subur Tiasa jumped 12 sen to RM2.40 after its 1Q net profit surged 41.4% to RM10 million from RM7.07 million a year earlier.
The actives this morning included KNM, Hubline, Timecom, Zelan, Petra, Ranhill, Keladi and LCL Corp.
Decliners included Hap Seng, Lafarge Malayan Cement, Iretex, D'Nonce, Ajiya, S P Setia, Hai-O and Aeon.
No comments:
Post a Comment