NST Online Business Times : latest
NST Online Business Times : latest |
| Posted: 14 Jan 2013 06:01 PM PST Share prices on Bursa Malaysia were higher in early trade driven by gains in major heavyweights, dealers said. As at 9.24 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.38 points better at 1,689.01, after opening 3.26 points higher at 1,687.89. Elsewhere in regional markets, Japan stocks surged to a record high with the yen's weakness while other major markets were mixed. The Finance Index rose 8.13 points to 15,425.81, the Plantation Index gained 23.75 points to 8,182.56, and the Industrial Index gained 9.86 points to 2,804.13.
Gainers beat losers 134 to 68, with 163 counters unchanged, 1,284 untraded and 23 others were suspended. Volume stood at 125.5 million shares worth RM59.86 million. Actives, Patimas Computers and Ingenuity Consolidated gained one sen each to 17 sen and 10 sen, respectively. Karambunai Corp rose half-a-sen to 13 sen and Hubline warrant 2009/2019 was unchanged at two sen. Heavyweights, Maybank rose five sen to RM9.08, Sime Darby increased six sen to RM9.62, CIMB Group gained two sen to RM7.69 but Axiata Group slipped one sen to RM6.68. -- Bernama
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| US stocks mixed; Apple weighs on Nasdaq Posted: 14 Jan 2013 03:18 PM PST NEW YORK: Stock markets had a mixed day on Monday as the Dow Jones industrials finished in positive territory while other leading indices closed in the red as earnings season gets under way. The Dow Jones Industrial Average finished with a gain of 18.89 points (0.14 per cent) at 13,507.32. But the broad-based S&P 500 fell 1.37 (0.09 per cent) to 1,470.68. Also lower was the Nasdaq Composite, which fell 8.13 (0.26 per cent) to 3,117.50. Monday lacked major economic indicators; later this week, several major companies will report quarterly earnings.
Participants are eager to hear the guidance coming out of upcoming earnings reports, "which can either be a catalyst for an extended breakout or a cause for a breakdown," O'Hare said. Dell shares soared on rumours that the computer maker would go private. Dell, which declined to comment on the issue, jumped 13 per cent. Dell's rival Hewlett-Packard rose 4.9 per cent. The Nasdaq index took a hit on reports of weak demand for Apple's new iPhone 5. Apple shares were 3.6 per cent lower. Apple's decline Monday also led lower telecommunications providers Verizon (down 1.6 per cent), AT&T (down 0.7 per cent) and Sprint Nextel (down 3.9 per cent). BlackBerry maker Research in Motion rose 10.3 per cent in anticipation of a product launch scheduled at month-end. United Parcel Service rose 1.7 per cent after it abandoned a proposed US$7.03 billion acquisition of Dutch TNT Express following objections from European antitrust regulators. US aerospace giant Boeing, which was under pressure last week due to problems with its latest 787 aircraft, rallied Monday, closing 1.9 per cent higher. -- AFP |
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