KUALA LUMPUR: Blue chips eked out slight gains early Tuesday in the absence of any strong leads from funds while lower liners Ekovest and Iskandar Waterfront City (IWCity) gave up part of the recent gains in active trade.
At 9.24am, the FMB KLCI was up 0.69 of a point or 0.04% to 1,622.75. Turnover was 645.78 million shares valued at RM342.90mil. There were 140 gainers, 242 losers and 251 counters unchanged.
Asian shares were little changed, hovering not far from nine-month peaks hit last week, with concerns China may slow the pace of policy easing curbing the market's enthusiasm, Reuters reported.
MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat, while Japan's Nikkei average eased 0.2%. Many markets around the world remained shut on Monday after the long Easter weekend.
At Bursa, HL Industries was the top gainer, up 14 sen to RM10.52 while Petronas Dagangan added eight sen to RM24.30, DKSH and CCM seven sen each to RM2.67 and RM2.10.
DWL-PA climbed 9.5 sen to 92 sen and the shares advanced eight sen to RM1.76.
However, Ekovest snapped its winning streak to fall nine sen to 88 sen and its warrants Ekovest-WB lost 9.5 sen to 38.5 sen. IWCity lost nine sen to RM1.23.
IWCity announced to Bursa on Monday that while its sister company IWH-CREC was mentioned in a statement that the government would revive the Bandar Malaysia project, “the company wishes to clarify that IWCity is not involved in the reinstatement of the Bandar Malaysia project”.
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