KL shares open higher
Publish date: Thu, 28 Nov 2013, 10:10 AM
Share prices on Bursa Malaysia opened in positive territory this morning, boosted by gains in Petronas-related stocks.
At 9.26am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 6.32 points higher at 1,804.78, after opening at 1,799.88.
Gainers led losers 175 to 131, with 173 counters unchanged, 1,114 untraded and 48 others suspended.
Turnover amounted to 164.96 million shares worth RM88.13 million.
Top gainer Petronas Dagangan's share price jumped 60 sen or 1.96 per cent to RM31.10, while Petronas Gas' shares soared 52 sen or 2.25 per cent to RM23.62.
HwangDBS Vickers Research said the local equities market could probably see a sideways trading pattern, with the benchmark FBM KLCI treading around the psychological mark of 1,800.
The Finance Index surged 22.41 points to 16,597.4, the Industrial Index was 16.53 points better at 3,137.47, and the Plantation Index rose 41.72 points to 8,833.19.
The FBM Emas Index increased 32.47 points to 12,534.09, the FBMT100 Index jumped 33.18 points to 12,258.63, the FBM Ace was 35.09 points better at 5,685.36, while the FBM 70 fell 1.49 points to 14,172.97.
Among actives, Instacom bagged 2.5 sen for 27.5 sen, DSC Solutions added 7.5 sen to 38.5 sen, while Ingenuity Consolidated lost half sen to eight sen.
As for the heavyweights, Maybank gained two sen to RM9.57, Sime Darby added one sen to RM9.65, and CIMB shed two sen to RM7.58.-- Bernama
At 9.26am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 6.32 points higher at 1,804.78, after opening at 1,799.88.
Gainers led losers 175 to 131, with 173 counters unchanged, 1,114 untraded and 48 others suspended.
Turnover amounted to 164.96 million shares worth RM88.13 million.
Top gainer Petronas Dagangan's share price jumped 60 sen or 1.96 per cent to RM31.10, while Petronas Gas' shares soared 52 sen or 2.25 per cent to RM23.62.
HwangDBS Vickers Research said the local equities market could probably see a sideways trading pattern, with the benchmark FBM KLCI treading around the psychological mark of 1,800.
The Finance Index surged 22.41 points to 16,597.4, the Industrial Index was 16.53 points better at 3,137.47, and the Plantation Index rose 41.72 points to 8,833.19.
The FBM Emas Index increased 32.47 points to 12,534.09, the FBMT100 Index jumped 33.18 points to 12,258.63, the FBM Ace was 35.09 points better at 5,685.36, while the FBM 70 fell 1.49 points to 14,172.97.
Among actives, Instacom bagged 2.5 sen for 27.5 sen, DSC Solutions added 7.5 sen to 38.5 sen, while Ingenuity Consolidated lost half sen to eight sen.
As for the heavyweights, Maybank gained two sen to RM9.57, Sime Darby added one sen to RM9.65, and CIMB shed two sen to RM7.58.-- Bernama
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CS Tan
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Fortunebull
Best to buy sell quickly on contra if profit arise! Situation simply not good! Today artificially close higher with very little volume! Only 1.2 billions the lowest this year! Caution! Be in cash position unless counters proven uptrending! Stagnant or downtrending stocks better cut position! Lately stocks tends to go up and die out quite fast! This is due to lack of volume! Another worry, theres still pocket of foreign holdings which can be liquidated in event outflow surge! Its great for traders making rounds on same counters but wasteful for others with medium term view!
2013-11-28 19:06