KUALA LUMPUR: Asian bourses were lifted in midday trade Tuesday led by technology and mining companies and news that China´s manufacturing expanded.
According to the Federation of Logistics and Purchasing, China’s manufacturing grew the fastest in 16 months in August with Purchasing Managers’ Index up to 54 from 53.3 in July.
It noted that the Chinese economy had maintained its momentum after record lending in the first half of the year.
Tokyo’s Nikkei 225 rose 0.14% to 10,507.31 while Seoul’s Kospi Index was up 0.99%.
Shanghai’s A share Index rose 0.45% to 2,679.84 and Hong Kong’s Hang Seng Index added 0.59% to 19,840.27.
Singapore’s Straits Times Index rose 0.93% to 2,6617.
At 12.30pm, the FBM KLCI however was down 4.59 points to 1,169.68 with 105 counters up, 442 down and 162 traded unchanged.
There were 232.57 million shares done at a total value of RM426.14 million.
Top losers BAT fell 88 sen to RM45.02, United Plantation slipped 28 sen to RM13, PPB lost 16 sen to RM15.22 and MAS was down 14 sen to RM3.01.
Among the heavyweights, Maybank was down 9 sen to RM6.42. BCHB jumped 23 sen to RM10.18 and Tenaga rose 1 sen to RM8.03.
Genting lost 8 sen to RM6.60, DiGi added 10 sen to RM21.70, Tanjong rose 18 sen to RM15.50 and IJM fell 14 sen to RM5.84.
Nymex crude oil in electronic trade was up 33 cents to US$70.29 per barrel.
Spot gold rose US$2.80 to US$954.05 per ounce.
The ringgit was quoted at 3.5295 to the US dollar.
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