Monday, December 12, 2011

KLCI snaps losing streak as Asian markets rise

KUALA LUMPUR (Dec 12): The FBM KLCI snapped its losing streak and rose in early trade on Monday, in line with the gains at key regional markets after European policymakers took a step closer to fiscal union over the weekend.

At 9.05am, the FBM KLCI rose 5.69 points to 1,465.82.

Gainers led losers by 144 to 22, while 88 counters traded unchanged. Volume was 57.56 million shares valued at RM31.05 million.

Among the early gainers were Proton, Lafarge Malayan Cement, Toyo Ink, Nestle, AirAsia, CIMB, Genting, MAHB, Petronas Chemicals and Bumi Armada.

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