Market steadier in early trade, UMW, PPB up


  • Business
  • Thursday, 28 Feb 2013

KUALA LUMPUR: Blue chips edged up in early trade on Thursday amid a steadier market, with some buying seen in UMW and PPB Group.

The FBM KLCI rose 2.09 points to 1,626.23. Turnover was 139.63 million shares valued at RM81.64mil. There were 168 gainers, 113 losers and 168 counters unchanged.

PPB Group rose 12 sen to RM12.34 after its posted a stronger set of earnings while UMW gained eight sen to RM12.38 on plans to list its O&G assets.

Dutch Lady was the top gainer, rising RM2 to RM46.40. Ibraco surged 48 sen to RM2.10, DKSH 14 sen to RM2.83 while Perak Corp added 12 sen to RM1.33.

United Plantations fell the most, down 30 sen to RM27.40, EngTex 7.5 sen lower at 82.5 sen while APM, Wing Tai and Ingress lost seven sen each to RM5.26, RM1.85 and RM1.52 respectively.

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Blue chips , UMW , PPB Group , Business

   

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