Genting, PetChem, Maybank shore up KLCI


KUALA LUMPUR: The FBM KLCI edged up at midday on continuous buying support in index-linked counters, led by Genting, PETRONAS Chemicals and Maybank, amid mixed regional markets.

The benchmark index rose 4.76 points, or 0.31% to 1,544.62 at midday. It hit an intra-morning high of 1,547.02.

In the broader market, losers outnumbered gainers 452 to 424, with 2.3 billion shares worth RM1.32bil changing hands.

Genting rose 22 sen to RM5.17, pushing the index higher by 1.2337 points while PETRONAS Chemicals added 10 sen to RM6.91, nudging the index higher by 1.1572 points. Maybank gained five sen to RM9.80, contributing 0.8727 points to the index.

On the broader market, F&N jumped 56 sen to RM29.50, HeiTech Padu gained 48 sen to RM2.9.3, Ge-Shen rose 43 sen to RM3.18 and United Plantations climbed 26 sen to RM24.20.

Nestle fell 90 sen to RM121.10, Ajinomoto lost 32 sen to RM19.06, PETRONAS Dagangan slid 16 sen to RM21.64 and Malaysian Pacific Industries declined 12 sen to RM29.38.

In China, the Shanghai composite index rose 0.21% to 3,052.28 while the blue-chip CSI300 was up 0.8% to 3,573.15.

Hong Kong's Hang Seng chalked up 1.28% to 16,562.98.

Japan's Nikkei 225, meanwhile, fell 2.73% to 38,606.93 and South Korea's Kospi lost 0.38% to 2,669.53.

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FBM KLCI , KLCI , Bursa Malaysia

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