NST Online Business Times : latest

Posted: 03 Sep 2013 07:22 PM PDT

Share prices on Bursa Malaysia extended yesterday's gains to trade higher in the early session Wednesday on continued
buying support, dealers said.

At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 0.26 of a point to 1,724.47, after opening 1.34 points better at 1,725.55.

HwangDBS Vickers Research said the local bourse may lose momentum today after struggling to build on its recovery pace recently.

"On the chart, the benchmark index could move with a downward bias and test the immediate support line of 1,720 ahead," it said in a research note.

Meanwhile, Wall Street was marginally up last night. Major US stock indices rose between 0.2 and 0.6 per cent as investors cheered on better economic vibes and ignored possible military fallout from the ongoing political conflicts in Syria, it said.

On the scoreboard, the Finance Index fell 4.14 points to 16,154.61, but the Plantation Index added 2.47 points to 8,163.4 and the Industrial Index rose 8.88 points to 2,897.71.

The FBM Emas Index gained three points to 11,958.9, the FBM100 Index rose 2.68 points to 11,720.76, the FBM 70 Index went up 6.75 points to 13,582.03 and the FBM Ace was 15.06 points better at 4,922.23.

Gainers led losers 94 to 72, while 121 counters were unchanged, 1,278 untraded and 13 were suspended.

Turnover stood at 93.68 million shares worth RM35.88 million.

Among actives, China Stationery and The Media Shoppe earned half a sen each to 24 sen and 10 sen, respectively, DPS Resources added two sen to 20.5 sen while Pelikan Int.Corp lost one sen to 49 sen.

Of the heavyweights, Maybank declined three sen to RM9.99, Sime Darby gained four sen to RM9.44 while Axiata and CIMB were flat at RM6.75 and RM7.19, respectively.-- Bernama

Ringgit traded weaker against US dollar

Posted: 03 Sep 2013 07:24 PM PDT

The ringgit was traded weaker against the US dollar in the early session today on lack of buying interest which saw the local currency trading towards 3.30 level, currency dealers said.

At 9.20am, the ringgit was quoted at 3.3040/3070 to a US dollar from yesterday's close at 3.2850/2880.

They said the ringgit's performance was in line with the Indonesian rupiah and Indian rupee which are currently on a volatile period affected by the slowdown in global trade.

Meanwhile, the ringgit was traded mostly lower against all other major currencies at close.

The local unit was lower against the Singapore dollar at 2.5847/5886 from 2.5720/5762 yesterday and was little changed against the Japanese yen at 3.3176/3213 against 3.3108/3155 Tuesday.

Against the British pound, the local currency weakened at 5.1414/1473 from 5.1154/1211 yesterday and fell against the euro to 4.3500/3547 from 4.3270/3313 on Tuesday.-- Bernama

Kredit: www.nst.com.my

Selasa, 3 September 2013

NST Online Business Times : latest

NST Online Business Times : latest

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