KUALA LUMPUR: ''The FBM KLCI rose at the mid-day break on Friday, March 18 as key regional markets advanced after Japan's Nikkei 225 rose nearly 3% in early trade, as investors picked up stocks battered over the past week.
At the mid-day break, the FBM KLCI rose 0.31% or 4.64 points to 1,496.73, lifted by gains including at MISC, Tenaga, IOI Corp and Public Bank. Gainers led losers by 408 to 199, while 248 counters traded unchanged. Volume was 583.98 million shares valued at RM632.19 million.
The ringgit strengthened 0.29% to 3.0445 versus the US dollar; crude palm oil for the third month delivery gained RM69 per tonne to RM3,407, crude oil rose US$1.67 per barrel to US$103.09 while gold jumped US$6.93 per troy ounce to US$1,410.66.
Exactly one week after a devastating earthquake hit the country and sparked fears of a nuclear meltdown, Japanese stocks advanced slightly in what has been a volatile week for global financial markets.
While the full extent of the economic impact of the earthquake still remains to be seen, investors found some comfort after the G7 group of rich nations agreed on joint intervention to curb the Japanese currency's rise, showing its support as the country struggles with a nuclear crisis.
Japan's Nikkei 225 +2.95% 9,227.45 Hang Seng Index +0.75% 22,451.29 Taiwan's Taiex +1.29% 8,389.40 South Korea's Kospi +1.35% 1,985.57 Shanghai Composite Index +0.56% 2,913.59 Singapore's Straits Times Index +0.32% 2,952.39 ''
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Among the gainers on Bursa Malaysia, MISC was up 28 sen to RM7.80, IOI Corporation, Tenaga and Public Bank were up six sen each to RM5.63, RM6.08 and RM13.04 respectively, Petronas Chemicals and Genting Malaysia five sen each to RM6.68 and RM3.35, BAT 76 sen to RM45.76 and DiGi 14 sen to RM27.48.
Other gainers included Panasonic, Tradewinds, Pharmaniaga, Quality, Sungei Bagan and Shell.
Karambunai was the most active with 43.4 million shares done. The stock added 1.5 sen to 21.5 sen. ''Cambodia's China Central Asia Group (CCAG) is teaming up with Karambunai in a beachfront mixed development project in Kamabunai, Sabah which would see CCAG pumping in RM310 million and the latter providing the land.
Other actives included Mieco, Scomi, Perisai and Leweko.
Newly-listed APFT rose seven sen to 57 sen with 27 million shares done.
Among the decliners, Lay Hong fell 10 sen to RM1.50, EON Capital nine sen to RM6.97, Perduren and HPI eight sen each to 80 sen and RM3, Faber and HELP down seven sen each to RM1.84 and RM2.58, while Genome fell 6.5 sen to 70.5 sen.
At the mid-day break, the FBM KLCI rose 0.31% or 4.64 points to 1,496.73, lifted by gains including at MISC, Tenaga, IOI Corp and Public Bank. Gainers led losers by 408 to 199, while 248 counters traded unchanged. Volume was 583.98 million shares valued at RM632.19 million.
The ringgit strengthened 0.29% to 3.0445 versus the US dollar; crude palm oil for the third month delivery gained RM69 per tonne to RM3,407, crude oil rose US$1.67 per barrel to US$103.09 while gold jumped US$6.93 per troy ounce to US$1,410.66.
Exactly one week after a devastating earthquake hit the country and sparked fears of a nuclear meltdown, Japanese stocks advanced slightly in what has been a volatile week for global financial markets.
While the full extent of the economic impact of the earthquake still remains to be seen, investors found some comfort after the G7 group of rich nations agreed on joint intervention to curb the Japanese currency's rise, showing its support as the country struggles with a nuclear crisis.
Japan's Nikkei 225 +2.95% 9,227.45 Hang Seng Index +0.75% 22,451.29 Taiwan's Taiex +1.29% 8,389.40 South Korea's Kospi +1.35% 1,985.57 Shanghai Composite Index +0.56% 2,913.59 Singapore's Straits Times Index +0.32% 2,952.39 ''
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Among the gainers on Bursa Malaysia, MISC was up 28 sen to RM7.80, IOI Corporation, Tenaga and Public Bank were up six sen each to RM5.63, RM6.08 and RM13.04 respectively, Petronas Chemicals and Genting Malaysia five sen each to RM6.68 and RM3.35, BAT 76 sen to RM45.76 and DiGi 14 sen to RM27.48.
Other gainers included Panasonic, Tradewinds, Pharmaniaga, Quality, Sungei Bagan and Shell.
Karambunai was the most active with 43.4 million shares done. The stock added 1.5 sen to 21.5 sen. ''Cambodia's China Central Asia Group (CCAG) is teaming up with Karambunai in a beachfront mixed development project in Kamabunai, Sabah which would see CCAG pumping in RM310 million and the latter providing the land.
Other actives included Mieco, Scomi, Perisai and Leweko.
Newly-listed APFT rose seven sen to 57 sen with 27 million shares done.
Among the decliners, Lay Hong fell 10 sen to RM1.50, EON Capital nine sen to RM6.97, Perduren and HPI eight sen each to 80 sen and RM3, Faber and HELP down seven sen each to RM1.84 and RM2.58, while Genome fell 6.5 sen to 70.5 sen.
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