Bursa Malaysia Stock Watch
Tanjong boost for FBM KLCI
kltrader
Publish date: Mon, 02 Aug 2010, 04:22 PM
kltrader
0 20,412
This blog provides consolidated Bursa Malaysia stock market research, analysis, news and blogs from various sources. You can search and find all the past analysis and coverage on stocks and news by searching within this site. While this blog re-publishes contents from other sites, it does not own the rights nor responsible for the accuracy of the contents. If you disagree to your content from being published here, please add a comment, and your article will be removed from this site.
KUALA LUMPUR: The FBM KLCI got off to a positive start to the week on Monday, Aug 2, lifted by Tanjong Plc, Petronas Dagangan and KLK in early trade.
At 9.05am, the index added 4.68 points to 1,365.60. Gainers led losers by 113 to 44, while 79 counters traded unchanged. Volume was 35.25 million shares valued at RM42.98 million.
Tanjong was the top gainer and jumped RM3.54 to RM21.12 with 210,100 shares done.
Billionaire T. Ananda Krishnan's Usaha Tegas Sdn Bhd, which controls 46.96% of Tanjong plc, has served a take-over on the power-gaming company at RM21.80 per share or for RM4.7 billion. The offer price is RM4.22 or 24% above its pre-suspension price of RM17.58.
Petronas Dagangan rose 12 sen to RM10.40 and KLK added eight sen to RM16.96. Other early gainers included KFCH, Crescendo, Eastern Oriental and Pacific Orient.
Among the early decliners were Maybank, MISC, Adventa, Nylex, Perduren, Hai-O and Stamford College.
At 9.05am, the index added 4.68 points to 1,365.60. Gainers led losers by 113 to 44, while 79 counters traded unchanged. Volume was 35.25 million shares valued at RM42.98 million.
Tanjong was the top gainer and jumped RM3.54 to RM21.12 with 210,100 shares done.
Billionaire T. Ananda Krishnan's Usaha Tegas Sdn Bhd, which controls 46.96% of Tanjong plc, has served a take-over on the power-gaming company at RM21.80 per share or for RM4.7 billion. The offer price is RM4.22 or 24% above its pre-suspension price of RM17.58.
Petronas Dagangan rose 12 sen to RM10.40 and KLK added eight sen to RM16.96. Other early gainers included KFCH, Crescendo, Eastern Oriental and Pacific Orient.
Among the early decliners were Maybank, MISC, Adventa, Nylex, Perduren, Hai-O and Stamford College.
More articles on Bursa Malaysia Stock Watch
Tambun Indah - The 2nd Penang Bridge To Narrow Property Price Gap
Created by kltrader | Oct 11, 2012
Plantation ' Share Prices Not Reflecting CPO Price Movement ' Is A Correction Coming? (Neutral)
Created by kltrader | Oct 11, 2012
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
Apps
Top Articles
1
2
Good Articles to Share
3
M+ Online Research Articles
4
5
MQ Market Updates
6
THE INVESTMENT APPROACH OF CALVIN TAN
7
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
