KUALA LUMPUR: Blue chips got off the first day of the month on a cautious start on Tuesday, March 1, with the broader market showing a mixed performance while volume remained thin in the morning session.
At 12.30pm, the FBM KLCI was up 5.85 points to 1,497.1. Turnover was 517.37 million shares valued at RM633.23 million. Losers led gainers 320 to 310 while 295 stocks were unchanged.
Light crude oil rose 39 cents to US$97.36, crude palm oil rose RM30 to RM3,489 while the ringgit strengthened to 3.0425 to the US dollar but off the early low of 3.0510.
Among key regional markets, Japan's Nikkei average rose towards 10-month highs on Tuesday as foreign investors continued piling into Japanese shares on a lower inflation risk while gains on Wall Street overnight supported general sentiment, Reuters reported.
Singapore's Straits Times Index advanced 1.61% to 3,058.87; Taiwan's Taiex 1.37% to 8,717.29, the Nikkei 225 0.9% to 10,719.49; Hang Seng Index 0.06% to 23,352.95 and the Shanghai Composite Index 0.64% higher at 2,923.56.
At Bursa, Sime Darby's 10 sen gain to RM9.06 and GENTING BHD []'s 15 sen rise to RM10.14 helped nudge the KLCI up by 1.42 points and 1.31 points.
Among the index-linked stocks, DiGi rose 18 sen to RM26.78, AMMB nine sen to RM6.30, Genting Malaysia four sen to RM3.35, IOI three sen to RM5.52, Axiata two sen to RM4.90, Maybank two sen to RM8.64, Petronas Chemicals four sen to RM6.34 and MISC five sen to RM7.65.
Food based consumer stocks were among the gainers with Nestle adding 48 sen to RM45.48 and Batu Kawan 18 sen to RM15.30.
Among the decliners were BAT, down 10 sen to RM47.90 on mild profit taking, Faber fell 10 sen to RM1.83 on its weak financial performance while Proton shed eight sen to RM3.78 after posting losses.
Petra Perdana lost seven sen to 83.5 sen. It posted net loss of RM18.34 million in the fourth quarter ended Dec 31, 2010 from net profit of RM4.05 million a year ago due to the increase in lease rental and lower charter rates.
At 12.30pm, the FBM KLCI was up 5.85 points to 1,497.1. Turnover was 517.37 million shares valued at RM633.23 million. Losers led gainers 320 to 310 while 295 stocks were unchanged.
Light crude oil rose 39 cents to US$97.36, crude palm oil rose RM30 to RM3,489 while the ringgit strengthened to 3.0425 to the US dollar but off the early low of 3.0510.
Among key regional markets, Japan's Nikkei average rose towards 10-month highs on Tuesday as foreign investors continued piling into Japanese shares on a lower inflation risk while gains on Wall Street overnight supported general sentiment, Reuters reported.
Singapore's Straits Times Index advanced 1.61% to 3,058.87; Taiwan's Taiex 1.37% to 8,717.29, the Nikkei 225 0.9% to 10,719.49; Hang Seng Index 0.06% to 23,352.95 and the Shanghai Composite Index 0.64% higher at 2,923.56.
At Bursa, Sime Darby's 10 sen gain to RM9.06 and GENTING BHD []'s 15 sen rise to RM10.14 helped nudge the KLCI up by 1.42 points and 1.31 points.
Among the index-linked stocks, DiGi rose 18 sen to RM26.78, AMMB nine sen to RM6.30, Genting Malaysia four sen to RM3.35, IOI three sen to RM5.52, Axiata two sen to RM4.90, Maybank two sen to RM8.64, Petronas Chemicals four sen to RM6.34 and MISC five sen to RM7.65.
Food based consumer stocks were among the gainers with Nestle adding 48 sen to RM45.48 and Batu Kawan 18 sen to RM15.30.
Among the decliners were BAT, down 10 sen to RM47.90 on mild profit taking, Faber fell 10 sen to RM1.83 on its weak financial performance while Proton shed eight sen to RM3.78 after posting losses.
Petra Perdana lost seven sen to 83.5 sen. It posted net loss of RM18.34 million in the fourth quarter ended Dec 31, 2010 from net profit of RM4.05 million a year ago due to the increase in lease rental and lower charter rates.
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