Thursday, September 3, 2009

FBM KLCI higher at midday led by index-linked counters

What say you on the issue below?

KUALA LUMPUR: The FBM KLCI continued its rise to close higher at midday Thursday led by index-linked counters such as Genting Bhd, Sime Darby Bhd and Malayan Banking Bhd.

At 12.30pm the benchmark composite index was up 4.64 points to 1,172.65.

Regional markets, however, were mixed at midday.

Tokyo’s Nikkei 225 lost 0.49% to 10,230,47 while Seoul’s Kospi Index was marginally lower, slipping 0.04% to 1,612.56.

Shanghai’s A share Index added 3.48% to 2,809.33 and Hong Kong’s Hang Seng Index rose 0.99% to 19,715.38.

Singapore’s Straits Times Index added 0.51% to 2,582.96.

At Bursa Malaysia, 335 counters were up, 150 were down while 208 were traded unchanged. There were 278.07 million shares done at a total value of RM391.3 million.

Among the top gainers Genting jumped 28 sen to RM6.73, UBG rose 22 sen to RM3, E&O added 17 sen to RM1.47 and Aeon was up 12 sen to RM4.72.

Heavyweights Sime rose 3 sen to RM8.23, Maybank added 2 sen to RM6.42, MISC increased 5 sen to RM8.84 and Axiata was up 1 sen to RM3.10.

Plantation stocks United Plantations added 10 sen to RM13.10, PPB slipped 10 sen to RM15.36 and KLK rose 8 sen to RM13.20.

Nymex crude oil in electronic trade was up 16 cents to US$68.21 per barrel.

Spot gold lost US$2 to US$976.50 per ounce.

The ringgit was quoted at 3.5339 to the US dollar.

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