Tuesday, March 8, 2011

Kulim-WC continues to advance, up more than RM1 since Thursday

KUALA LUMPUR: Kulim's warrants Kulim-WC continued it relentless climb on Tuesday, March 8 and rose to RM1.08 in early trade.

At 9.24am, it was up 17 sen to RM1.08 with 5.63 million units done. It has gained RM1.03 sen since its reference price of five sen last Thursday.

The FBM KLCI rose 6.02 points to 1,521.76. Turnover was 102.02 million shares done valued at RM118.98 million. There were 166 gainers, 52 losers and 134 stocks unchanged.

Over the past two daus, Bursa Securities had capped the upper price limit of the warrants after the price surge.

On Monday. Bursa Securities modified the upper limit to 91 sen from 90.5 sen earlier after the price surged 30 sen in the morning session. The warrants have hit limit up in three sessions from its reference price of five sen on Thursday.

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