FBM KLCI extends gains; Rapid, YNH top losers' list


KUALA LUMPUR: The FBM KLCI extended its gains to end higher on Monday, supported by persistent buying in selected heavyweights despite the weak regional market sentiment.

At 5pm, the market's key barometer added 4.82 points or 0.32% to finish at 1,491.19. The index hit an intraday high of 1,493.98.

There were 644 gainers against 375 decliners while 428 counters were unchanged. About 4.79 billion shares, valued at RM3.12bil, changed hands.

Among the gainers, Malaysian Pacific Industries added 64 sen to RM29, Ajinomoto rose 32 sen to RM16.34, Allianz gained 22 sen to RM20.28 and Hong Leong Bank climbed 22 sen to RM19.02.

Rapid Synergy Bhd and YNH Property Bhd lead the loser’s list on Bursa Malaysia.

Rapid plunged 83 sen, or 29.86% to RM1.95 with 550,200 shares traded. YNH tumbled 30 sen, or 35.09 sen to 55.5 sen. It is also the third most actively traded counter on Bursa Malaysia with 233.77 million shares done.

Sarawak Consolidated Industries Bhd (SCIB), the most active counter on Bursa Malaysia, jumped 50%, or 14.5 sen to 43.5 sen with 359.64 million shares changed hands.

Meanwhile, the ringgit was quoted at 4.7285, down 0.21% against the US dollar.

US West Texas Intermediate declined 25 cents to US$73.16 and Brent slid 49 cents to US$78.07 per barrel.

MSCI's broadest index of Asia-Pacific shares outside Japan fell nearly 0.6%.

Asian bourses closed broadly lower today. Japan's Nikkei 225 added 1.62%, South Korea’s Kospi fell 0.34%, Hong Kong’s Hang Seng fell 2.27%, China’s Shanghai Composite tumbled 2.68% and Singapore’s Straits Times Index fell 0.1%.

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Bursa Malaysia , FBM KLCI , KLCI

   

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