KLCI closes 0.6% higher (Update)


  • Business
  • Thursday, 27 Jun 2013

KUALA LUMPUR: The Malaysian bourse ended higher on Thursday on fund buying of banks and selected blue chips, in line with regional equities, as investors's confidence perked up. At 5pm, the FBM KLCI rose 10.81 points or 0.6% to 1,752.57. Turnover was 1.32 billion valued at RM1.32nil. There were 503 gainers, 253 losers and 289 counters unchanged.

Reuters said European shares and bonds held on to recent gains on Thursday while gold and the euro gained, after data suggested the US Federal Reserve may have to leave its stimulus program in place for a little longer.

At Bursa Malaysia, consumer stocks were the gainers with BAT up 60 sen to RM59.34, Nestle 50 sen to RM66.80, F&N 24 sen to RM18.56 and Dutch Lady 22 sen to RM47.02.

Among banks, Maybank rose 16 sen to RM10.24, CIMB 11 sen to RM8.18, Public Bank 12 sen to RM16.80, AMMB 11 sen to RM7.19 andHLFG 48 sen to RM14.22 but HLCap fell 46 sen to RM6.44 on news that it will be suspended with effect from 9am on Aug 12.

Crude palm oil fell RM24 to RM2355 but IOI rose five sen to RM5.39,BLD Plantation 23 sen to RM8.50, Sime Darby one sen to RM9.48 but FGV fell 12 sen to RM4.47.

Among Petronas-linked stocks, PetGas rose 18 sen to RM20.30, PetDag six sen to RM25.16 but PetChem fell four sen to RM6.56.

Aeon Credit rose 20 sen to RM17.40 but Aeon fell 12 sen to RM15.

The ringgit strengthened 3.1739 against the dollar from the previous close of 3.1988.

Among the key regional markets,

Japan's Nikkei 225 rose 2.96% to 13,213.55;

Hong Kong's Hang Seng Index rose 0.5% to 20,440.08;

Shanghai's Composite Index rose 0.08% to 1,950.01;

Taiwan's Taiex rose 1.27% to 7,883.90;

South Korea's Kospi rose 2.87% to 1,834.70;

US light crude oil rose 51 cents to US$ 96.01

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights
   

Next In Business News

CGS-CIMB Securities launches two Shariah-compliant products
Public Mutual launches Public e-Pioneer Entrepreneur Fund
Maybank AM launches All-China Focus Equity Fund
Paying household bills automatically via Boost
Keel laying of T7 Global’s MOPU underway in China
PropertyGuru: More homeowners selling property for cash flow
Zafrul: Govt to strengthen fiscal position, broaden revenue base
MEDAC: MSMEs suffered RM40.7b losses in 2020
Frontken 2Q earnings climb to RM24.74mil on strong semiconductor demand
MRT receives over 40 submissions under RFI for MRT 3 Circle Line

Stories You'll Enjoy


Vouchers