KUALA LUMPUR: The FBM KLCI resumed trade on Friday, Sept 2 after a three-day break on a slightly firmer note, helped by some bargain hunting of blue chip stocks battered over the past few weeks during a disappointing August.
At 10am, the FBM KLCI was up 23 points to 1,470.27, lifted by gains including at CIMB, DiGi, BAT and Petronas counters.
Gainers led losers by 318 to 91, while 154 counters traded unchanged. Volume was 205.01 million shares valued at RM543.84 million.
At the regional markets, Japan's Nikkei 225 fell 1.11% to 8,960.59, Hong Kong's Hang Seng lost 0.57% to 20,468.09, Taiwan's Taiex down 0.43% to 7,724.76 and South Korea's Kospi fell 0.39% to 1,873.29.
Meanwhile, the Shanghai Composite Index edged up 0.01% to 2,556.28 and Singapore's Straits Times Index gained 0.02% to 2,867.67.
BIMB Securities Research in a note Sept 2 said a topsy-turvy US stock market continued with sell down on banks despite a favourable manufacturing data and as a result the DJI Average was down by almost 120 points.
Investors eyes will be peeled to the job report today with consensus estimated an addition of 75,000 jobs, it said.
As for the regional bourses, we expect it to be another mixed trading day as like yesterday.
'On the local front, despite our 3-day closure, we did not miss any action as Wall Street was almost flat down a mere 46 points (from Monday's close).
'We reckon today's trading would be thin with the benchmark FBM KLCI to realise some gains following last week's unrelenting selling on key component stocks,' it said.
On Bursa Malaysia, DiGi was the top gainer at mid-morning and added RM1.06 to RM31.28; BAT rose 68 sen to RM44.34, Lafarge Malayan Cement 43 sen to RM7.02, Petronas Dagangan and KLK 40 sen each to RM18.04 and RM21.72, Petronas Gas 28 sen to RM13.50, CIMB 17 sen to RM7.24 and Petronas Chemicals 15 sen to RM6.37.
Axiata was the most actively trade counter with 11.9 million shares done. The stock fell two sen to RM4.70.
Other actives included Petronas Chemicals, E&O, CIMB, Ramunia, Maybank and DVM.
Decliners at mid-morning included Nestle, Petrol One, Manulife, Masterskill, RHB Capital, Daiman and DKSH.
At 10am, the FBM KLCI was up 23 points to 1,470.27, lifted by gains including at CIMB, DiGi, BAT and Petronas counters.
Gainers led losers by 318 to 91, while 154 counters traded unchanged. Volume was 205.01 million shares valued at RM543.84 million.
At the regional markets, Japan's Nikkei 225 fell 1.11% to 8,960.59, Hong Kong's Hang Seng lost 0.57% to 20,468.09, Taiwan's Taiex down 0.43% to 7,724.76 and South Korea's Kospi fell 0.39% to 1,873.29.
Meanwhile, the Shanghai Composite Index edged up 0.01% to 2,556.28 and Singapore's Straits Times Index gained 0.02% to 2,867.67.
BIMB Securities Research in a note Sept 2 said a topsy-turvy US stock market continued with sell down on banks despite a favourable manufacturing data and as a result the DJI Average was down by almost 120 points.
Investors eyes will be peeled to the job report today with consensus estimated an addition of 75,000 jobs, it said.
As for the regional bourses, we expect it to be another mixed trading day as like yesterday.
'On the local front, despite our 3-day closure, we did not miss any action as Wall Street was almost flat down a mere 46 points (from Monday's close).
'We reckon today's trading would be thin with the benchmark FBM KLCI to realise some gains following last week's unrelenting selling on key component stocks,' it said.
On Bursa Malaysia, DiGi was the top gainer at mid-morning and added RM1.06 to RM31.28; BAT rose 68 sen to RM44.34, Lafarge Malayan Cement 43 sen to RM7.02, Petronas Dagangan and KLK 40 sen each to RM18.04 and RM21.72, Petronas Gas 28 sen to RM13.50, CIMB 17 sen to RM7.24 and Petronas Chemicals 15 sen to RM6.37.
Axiata was the most actively trade counter with 11.9 million shares done. The stock fell two sen to RM4.70.
Other actives included Petronas Chemicals, E&O, CIMB, Ramunia, Maybank and DVM.
Decliners at mid-morning included Nestle, Petrol One, Manulife, Masterskill, RHB Capital, Daiman and DKSH.
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