KUALA LUMPUR: Blue chips chalked up gains to enable the FBM KLCI close at a record high of 1,574.49 on Monday, Jan 17 amid a mixed broader market, with rising interest also seen in small capitalised property stocks.
The mixed performance was commendable amid the cautious key regional markets, including China which closed sharply lower as Beijing tightened the liquidity flow for PROPERTIES [].
The FBM KLCI rose 4.6 points to 1,574.49, nudged by gains in banks and heavyweight Petronas Chemicals. Turnover was 1.91 billion shares valued at RM2.2 billion. Advancers edged decliners 412 to 410 while 312 stocks were unchanged.
Light crude oil slipped 69 cents to US$90.85. Crude palm oil for third month delivery rose RM3 to RM3,646. The ringgit weakened against the US dollar to 3.0585 from the previous close of 3.0570.
China's markets fell, with the Shanghai Composite Index down 3.03% to 2,706.66 and Shenzen Composite Index 4.25% lower at 1,180.39. Hong Kong's Hang Seng Index shed 0.52% to 24,156.97 and Singapore's Straits Times Index 0.28% lower at 3,236.74 but Japan's Nikkei 225 inched up 0.04% to 10,502.86.
At Bursa, small cap property cum CONSTRUCTION [] stocks were in focus, with SPB up 40 sen to RM4.10, Mitrajaya 21 sen to RM1.97, Bolton 16 sen to RM1.42, Guocoland 13 sen to RM1.60, IJM Land rose six sen to RM2.90 and Tebrau Teguh four sen to 94 sen.
Benalec, which made its debut, climbed 34 sen to RM1.34 and it was the second most active with 100.85 million shares done.
Among index-linked stocks, Petronas Chemicals rose 20 sen to RM6.35 while banks recorded some gains also with Maybank up eight sen to RM8.97, CIMB seven sen to RM8.80 and Public Bank four sen to RM13.48.
Ekovest fell 17 sen to RM3.13 on profit taking, Genting 14 sen to RM11.74, Genting Malaysia thrtee sen to RM3.59 and Tenaga two sen to RM6.53.
The mixed performance was commendable amid the cautious key regional markets, including China which closed sharply lower as Beijing tightened the liquidity flow for PROPERTIES [].
The FBM KLCI rose 4.6 points to 1,574.49, nudged by gains in banks and heavyweight Petronas Chemicals. Turnover was 1.91 billion shares valued at RM2.2 billion. Advancers edged decliners 412 to 410 while 312 stocks were unchanged.
Light crude oil slipped 69 cents to US$90.85. Crude palm oil for third month delivery rose RM3 to RM3,646. The ringgit weakened against the US dollar to 3.0585 from the previous close of 3.0570.
China's markets fell, with the Shanghai Composite Index down 3.03% to 2,706.66 and Shenzen Composite Index 4.25% lower at 1,180.39. Hong Kong's Hang Seng Index shed 0.52% to 24,156.97 and Singapore's Straits Times Index 0.28% lower at 3,236.74 but Japan's Nikkei 225 inched up 0.04% to 10,502.86.
At Bursa, small cap property cum CONSTRUCTION [] stocks were in focus, with SPB up 40 sen to RM4.10, Mitrajaya 21 sen to RM1.97, Bolton 16 sen to RM1.42, Guocoland 13 sen to RM1.60, IJM Land rose six sen to RM2.90 and Tebrau Teguh four sen to 94 sen.
Benalec, which made its debut, climbed 34 sen to RM1.34 and it was the second most active with 100.85 million shares done.
Among index-linked stocks, Petronas Chemicals rose 20 sen to RM6.35 while banks recorded some gains also with Maybank up eight sen to RM8.97, CIMB seven sen to RM8.80 and Public Bank four sen to RM13.48.
Ekovest fell 17 sen to RM3.13 on profit taking, Genting 14 sen to RM11.74, Genting Malaysia thrtee sen to RM3.59 and Tenaga two sen to RM6.53.
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