Ahad, 17 November 2013

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KL shares traded higher in early session

Posted: 17 Nov 2013 06:21 PM PST

Shares on Bursa Malaysia were traded higher in the early session today as sentiment received a boost from Wall Street's rise on Friday, a dealer said.

Twenty-five minutes after opening, the FBM KLCI rose 1.8 points to 1,791.67 against Friday's close at 1,789.87.

Gainers led losers 199 to 110, with 218 counters unchanged, 1,078 untraded and 28 others suspended.

Turnover was mild with 189.32 million shares worth RM131.95 million traded.

"Continuing from where it left off on Friday, local bourse could inch a bit higher," HwangDBS Vickers Research said in a note.

The research house said leading US equity barometers advanced between 0.3 per cent and 0.5 per cent at the closing bell to new record highs.

The uptrend lifted by investors' expectations that the new Federal Reserve chairman would maintain the central bank's monetary stimulus efforts.

On the chart, the benchmark FBM KLCI may recover further by climbing towards the psychological mark of 1,800 ahead, said the research firm.

The Finance Index improved 25.201 points to 16,517.63, the Plantation Index rose 14.93 points to 8,695.26 but the Industrial Index was 0.46 of a point lower at 3,086.2.

The FBM Emas Index increased 13.17 points to 12,488.81, the FBMT100 Index advanced 12.931 points to 12,209.82, the FBM Ace added 9.96 points to 5,750.68 and the FBM 70 surged 17.63 points to 14,281.87.

Berjaya Auto, which made its debut on the Main Market of Bursa Malaysia today, was among the actives. The stock rose RM1.17 to RM1.87.

Other actives, Takaso Resources and China Automobile added half-a-sen each to 27.5 sen and 43.5 sen, respectively.

As for heavyweights, Maybank rose half-a-sen to RM9.82, Sime Darby added one sen to RM9.52 but Axiata fell one sen to RM6.81.-- Bernama

Ringgit traded higher against US dollar

Posted: 17 Nov 2013 06:27 PM PST

The ringgit opened higher against the US dollar in early trading today on buying support for the local currency, dealers said.

At 9.15am, the ringgit appreciated against the greenback to 3.1950/1980 from 3.2010/2040 on Friday.

Meanwhile, the ringgit was traded mostly higher against other major currencies.

The local note strengthened against the Singapore dollar to 2.5613/5654 from Friday's close at 2.5629/5663 and was traded higher against the yen to 3.1848/1884 from 3.1898/1941 last week.

The ringgit also emerged higher against the euro to 4.3053/3099 from Friday's close at 4.3069/3116 but depreciated against the British pound to 5.1459/1510 from 5.1408/1466 on Friday.-- Bernama
Kredit: www.nst.com.my

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