KUALA LUMPUR: The FBM KLCI remained in positive territory at the mid-day break on Thursday, Jan 27 in line with the generally upbeat sentiment at key regional markets.
The 30-stock index was lifted by gains including at index-linked PLANTATION [] stocks on higher crude palm oil price as well as due to some bargain hunting for stocks that took a beating over the past six trading days.
Meanwhile, Asian stocks rose after US Federal Reserve policymakers voted to unanimously to maintain a US$600 billion bond-buying plan to fuel an economic recovery, according to Reuters.
While the outcome of the Fed meeting was largely expected, it backed the view that a wave of liquidity seeking higher returns would continue to flow through into riskier assets, it said.
At 12.30pm, the FBM KLCI rose 7.02 points to 1,527.02, boosted by gains including at KLK, DiGi, CIMB and Sime Darby.'' Gainers led losers by 446 to 176, while 264 counters traded unchanged. Volume was 634.76 million shares valued at RM948.79 million.
The ringgit strengthened 0.02% to 3.0510 versus the US dollar; crude palm oil xxx, crude oil gained 3 cents to US$87.36 while gold shed 42 cents per troy ounce to US$1,345.30.
At the regional markets, the Shanghai Composite Index jumped 1.08% to 2,738.14, Japan's Nikkei 225 rose 0.72% to 10,477.02, Taiwan's Taiex added 0.55% to 9,105.46, Hong Kong's Hang Seng gained 0.31% to 23,917.43, South Korea's Kospi was up 0.21% to 2,114.82 while Singapore's Straits Times Index edged up 0.10% to 3,224.00.
On Bursa Malaysia, BLD Plantations was the top gainer this morning and was up 50 sen to RM5.50; KLK was up 46 sen to RM21.36, Batu Kawan and Kulim up 14 sen each to RM16.44 and RM12.98, Sime Darby six sen to RM9.26 and IOI Corp two sen to RM5.78.
DiGi rose 20 sen to RM25.30, SapuraCrest 17 sen to RM3.60, Kencana and Latexx up 15 sen each to RM2.55 and RM2.73, Petronas Chemicals 11 sen to RM6.07, CIMB eight sen to RM8.42 while Public Bank and MISC added four sen each to RM13.40 and RM8.30.
Decliners included LPI Capital, United Plantations, Malaysia Smelting Corp, Dutch Lady, Panasonic, Perak Corp and Berjaya Sports Toto.
Ho Wah Genting was the most actively traded counter this morning with 24.5 million shares done. The'' stock added 2.5 sen to 58.5 sen. Other actives included Daya Materials, Kencana, SAAG, Hubline, Nam Fatt and AirAsia.
The 30-stock index was lifted by gains including at index-linked PLANTATION [] stocks on higher crude palm oil price as well as due to some bargain hunting for stocks that took a beating over the past six trading days.
Meanwhile, Asian stocks rose after US Federal Reserve policymakers voted to unanimously to maintain a US$600 billion bond-buying plan to fuel an economic recovery, according to Reuters.
While the outcome of the Fed meeting was largely expected, it backed the view that a wave of liquidity seeking higher returns would continue to flow through into riskier assets, it said.
At 12.30pm, the FBM KLCI rose 7.02 points to 1,527.02, boosted by gains including at KLK, DiGi, CIMB and Sime Darby.'' Gainers led losers by 446 to 176, while 264 counters traded unchanged. Volume was 634.76 million shares valued at RM948.79 million.
The ringgit strengthened 0.02% to 3.0510 versus the US dollar; crude palm oil xxx, crude oil gained 3 cents to US$87.36 while gold shed 42 cents per troy ounce to US$1,345.30.
At the regional markets, the Shanghai Composite Index jumped 1.08% to 2,738.14, Japan's Nikkei 225 rose 0.72% to 10,477.02, Taiwan's Taiex added 0.55% to 9,105.46, Hong Kong's Hang Seng gained 0.31% to 23,917.43, South Korea's Kospi was up 0.21% to 2,114.82 while Singapore's Straits Times Index edged up 0.10% to 3,224.00.
On Bursa Malaysia, BLD Plantations was the top gainer this morning and was up 50 sen to RM5.50; KLK was up 46 sen to RM21.36, Batu Kawan and Kulim up 14 sen each to RM16.44 and RM12.98, Sime Darby six sen to RM9.26 and IOI Corp two sen to RM5.78.
DiGi rose 20 sen to RM25.30, SapuraCrest 17 sen to RM3.60, Kencana and Latexx up 15 sen each to RM2.55 and RM2.73, Petronas Chemicals 11 sen to RM6.07, CIMB eight sen to RM8.42 while Public Bank and MISC added four sen each to RM13.40 and RM8.30.
Decliners included LPI Capital, United Plantations, Malaysia Smelting Corp, Dutch Lady, Panasonic, Perak Corp and Berjaya Sports Toto.
Ho Wah Genting was the most actively traded counter this morning with 24.5 million shares done. The'' stock added 2.5 sen to 58.5 sen. Other actives included Daya Materials, Kencana, SAAG, Hubline, Nam Fatt and AirAsia.
No comments:
Post a Comment