KL shares firmer at close

Publish date: Wed, 09 Apr 2014, 06:43 PM
KUALA LUMPUR: Share prices on Bursa Malaysia rebounded from the recent losses to end higher today on renewed buying interests, led by consumer stocks, dealers said.

A dealer said among them were Nestle (+RM1.28 to RM67.98), BAT (+76 sen to RM60.36) and Dutch Lady Milk Industries (+50 sen to RM47.90).

At 5pm, the benchmark FTSE Bursa Malaysia KLCI was 3.44 points higher at 1,855.75.

The benchmark index moved between 1,851.41 and 1,856.03 throughout the day, after opening 0.5 of a point higher at 1,852.81.

Among volume leaders, PDZ Holdings increased one sen to 14 sen and Luster Industries added half a sen to 11 sen. GSB Group fell half-a-sen to 11.5 sen.

Of the heavyweights, Maybank dropped two sen to RM9.72 and Tenaga rose 10 sen to RM11.90. CIMB was flat at RM7.44.

Dealers said the market's movements were in line with Wall Street's overnight gains after a two-day sell-off but further gains were capped by profit- taking.

Hong Leong Investment Bank Research expected the market would continue its healthy consolidation in the near term to neutralise the overbought position. - Bernama

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fortunebullz

A bit hard to find big winners in this current bull market! Can only trade at the moment! If want fat ones need to wait for bear to sing!

2014-04-10 11:20

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