NST Online Business Times : latest
NST Online Business Times : latest |
| Kl shares open higher on positive momentum Posted: 28 Oct 2012 07:18 PM PDT Share prices on Bursa Malaysia opened higher in early trading Monday, continuing the positive momentum from last week's bullish performance, dealers said. After 21 minutes of trading, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 5.11 points to 1,677. HwangDBS Vickers Research said the market, which closed at a new all-time high of 1,671.89 on Thursday, is expected to continue consolidating today. "We expect the local bourse to continue soldiering on towards the immediate resistance level of 1,685," it said in a research note. The FBM Emas Index advanced 40.05 points to 11,396.53, the FBM Mid 70 Index gained 30.16 points to 12,261.58 and the FBM Ace Index climbed 14.47 points to4,286.8 while the FBMT100 rose 39.64 points to 11,231.39. Gainers led losers 177 to 109, 197 unchanged, 1,182 not traded and 29suspended. Volume stood at 213.979 million shares worth RM121.68 million. Among actives, Ariantec Global and Metronic Global earned one sen each to eight sen and 12.5 sen, respectively, Tiger Synergy gained two sen to 30.5 sen, Fitters Diversified added half-a-sen to 67.5 sen while TH Heavy Engineering was unchanged at 60.5 sen. On heavyweights, Maybank rose 12 sen to RM9.15, Public Bank advanced 22 sen to 15.64 and Tenaga added six sen to RM7.01. CIMB was unchanged at RM7.62 while Petronas Chemicals shed two sen toRM6.43. Bernama |
| Ringgit opens lower on profit taking Posted: 28 Oct 2012 06:53 PM PDT The ringgit opened lower against the US dollar in early trading Monday on profit-taking after benefiting from the greenback at last week's closing, dealers said. At 9.05 am, the ringgit was quoted at 3.0460/0500 against 3.0370/0400 at Thursday's close. A dealer said the greenback seems to recoup its previous losses as investors start to return to the "safe haven" currency on renewed concerns on the European debt crisis. "However, some investors remained on the sidelines following news on the latest roadblock to Greece's crucial austerity package," he added. The local currency also opened lower against the British pound at |
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