Tuesday, March 1, 2011

Market stages mild rebound, boost from DiGi, Sime and Genting

KUALA LUMPUR: The FBM KLCI staged a mild rebound in early trade on Tuesday, March 1, after a volatile February, with some buying of DiGi, Sime Darby and GENTING BHD [].

At 9.17am, the KLCI was up 2.54 points to 1,493.79. Turnover was 86.07 million shares valued at RM46.47 million. There were 177 gainers, 92 losers and 153 stocks unchanged.

MTD was the top gainer, up 30 sen to RM11.30 with 1,300 shares done. At RM11.30, this is 30 sen above the takeover offer at RM11.

DiGi and Sime rose 10 sen each to RM26.70 and RM9.06 while RHB Cap added nine sen to RM7.95. Genting added nine sen to RM10.08 while MMHE advanced eight sen'' to RM6.39.

Goh Ban Huat-WA was the top loser, down 14.5 sen to 30 sen, Other decliners were PacMas, down 11 sen to RM4.50, PPB 10 sen to RM16.40 while IJM and YTL shed five sen each to RM6 and RM7.05.

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