Semicon stocks top gainers, KLCI steady

KUALA LUMPUR: The local bourse finished firmer today amid a rangebound trade, with the key FBM KLCI settling 0.17% higher due to sustained buying on selected index-linked counters.

The FBM KLCI was in the green throughout the trading session before closing 2.71 points higher to 1,585.35. The market traded within a range of 6.07 points between an intra-day high of 1,588.72 and a low of 1,582.65 during the session.

Gainers trounced losers 621 to 407 while 443 counters were unchanged. Turnover was at 6.61 billion shares valued at RM2.92bil.

Dealers said there were some follow through buying interest but sentiment weighed on buying patterns.

Leading the top gainers on Bursa Malaysia are semiconductor stocks. MPI jumped 78 sen to RM40, Vitrox rose 62 sen to RM16.30, KESM added 62 sen to RM12.54 and Unisem gained 43 sen to RM8.25.

MCOM, F&N, Cheetah and Euro ended the day among the losers on Bursa Malaysia. MCOM, hit limit down, falling 30 sen to 4.5 sen, F&N declined 20 sen to RM30.24, Cheetah eased 15 sen to RM2.45 and Euro lost 13 sen to RM4.67.

As for the heavyweights, Top Glove added 11 sen to RM4.75, CIMB rose five sen to RM4.41, Telekom Malaysia added four sen to RM6.06, Axiata advanced three sen to RM3.70 and Public Bank added two sen to RM4.24.

On the external front, Japan’s Nikkei 225 ended 1.58% higher at 29,854.00. The broader Topix added 0.71% to 1,971.62.

South Korea’s Kospi ended 25.40 points higher, or 0.82%, to 3,112.80.

Several countries in Asia-Pacific including Australia, New Zealand, Hong Kong, the Philippines, Singapore, India and Indonesia are closed for Good Friday.

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FBM KLCI , Bursa Malaysia , KLCI , semiconductor


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