Khamis, 26 September 2013

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KL shares open higher

Posted: 26 Sep 2013 06:52 PM PDT

Share prices on Bursa Malaysia rose in early trading Friday led by gains in index-linked banking stocks and penny stocks in line with the positive overnight close at the Wall Street.

At 9.17am, the benchmark index went up 4.64 points to 1,778.8 after opening 1.62 points higher at 1,775.78.

Heavyweights, Maybank gained 10 sen to RM9.87, CIMB was up five sen to RM7.79, Axiata rose six sen to RM6.89, while Sime Darby and Maxis were flat at RM9.50 and RM7.02, respectively.

Among actives, Daya Materials added one sen to 33 sen, Sona Petroleum rose 1.5 sen to 45 sen, Flonic Hi-Tec was flat at 11.5 sen and MAS inched down half-a-sen to 33.5 sen.

HwangDBS Vickers Research said the key index could stage a mild technical rebound today after falling for four consecutive days with cumulative losses of 27.7 points or 1.5 per cent.

"On the chart, the benchmark index may recover towards its immediate support-turned-resistance level of 1,785 ahead," it said in a note today.

Wall Street was up marginally last night, with major equity indices rising between 0.3 per cent and 0.7 per cent at the closing bell as investors await the outcome of ongoing talks to raise the US government's debt ceiling.

On Bursa Malaysia, the Industrial Index added 3.67 points to 3,041.96, the Plantation Index rose 6.66 points to 8,356.41 and the Finance Index jumped 106.35 points to 16,597.42.

The FBM Emas Index surged 34.02 points to 12,365.9, the FBM100 Index was 33.58 points higher at 12,009.82, the FBM 70 advanced 47.5 points to 14,061.91 and the FBM Ace went up 28.99 points to 5,544.26.

Gainers thumped losers 205 to 57, with 152 counters unchanged, 1,178 untraded and 26 others suspended.

Trading stood at 255.05 million shares worth RM96.47 million.-- Bernama

Ringgit extends yesterday's gains

Posted: 26 Sep 2013 07:04 PM PDT

The ringgit extended yesterday's gains to open higher against the US dollar today, benefiting from emerging appetite for
Asian currencies among investors, dealers said.

As at 9am, the local note was quoted at 3.2120/2150 to a US dollar from 3.2130/2160 yesterday.

The ringgit was also traded higher against most major currencies.

It improved against the Singapore dollar to 2.5600/5644 from 2.5605/5648 Thursday and was marginally better versus the yen at 3.2448/2481 from 3.2550/2597 yesterday.


It appreciated against the British pound to 5.1511/1569 from 5.1565/1630 yesterday and strengthened against the euro to 4.3311/3357 from 4.3411/3458 Thursday.-- Bernama
Kredit: www.nst.com.my

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