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KL shares open slightly higher Posted: 25 Sep 2013 07:02 PM PDT Share prices on Bursa Malaysia rose slightly higher in early trading on Thursday despite overnight losses on Wall Street. At 9.13am, the benchmark index inched up 0.14 point to 1,784.2, after opening 0.24 point higher at 1,784.3. HwangDBS Vickers Research expects the local bourse to show resilience ahead, despite facing persisting selling pressures. "On the chart, the key FBM KLCI -– following a 17.8-point or 1.0 per cent loss over the last three days -– could move slightly above the immediate support line of 1,785 today," it said in a note today.
Major US equity bellwethers were down between 0.2 per cent and 0.4 per cent at the closing bell. On Bursa Malaysia, the Industrial Index added 7.04 points to 3,054.32, the Plantation Index rose 20.58 points to 8,374.82 but the Finance Index shed 14.62 points to 16,616.55. The FBM Emas Index went up 2.78 points to 12,400.12, the FBM100 Index was 1.77 points higher at 12,136.65, the FBM 70 increased 5.44 points to 14,104.93 but the FBM Ace declined 16.79 points to 5,475.26. Gainers led losers 118 to 88, with 151 counters unchanged, 1,226 untraded and 26 others suspended. Trading stood at 176.05 million shares worth RM91.45 million. Among actives, MAS and Pasukhas added one sen each to 34 sen and 18.5 sen respectively, Zelan rose three sen to 27 sen, SerSol was flat at RM1.02 and Technodex eased 1.5 sen to 9.5 sen. Of heavyweights, Axiata and Sime Darby went up one sen each to RM6.91 and RM9.52 respectively while Petronas Chemicals and Maxis were flat at RM6.90 and RM7.04 respectively. Maybank and CIMB both fell one sen to RM9.84 and RM7.78 respectively.-- Bernama |
Ringgit rebounds against US dollar Posted: 25 Sep 2013 07:04 PM PDT The ringgit rebounded against the US dollar in early trade on Thursday over concerns US politicians would raise the country's borrowing limits, dealers said. As at 9am, the local note was quoted at 3.2140/2170 per US dollar from 3.2215/2245 at yesterday's close. Meanwhile, the local currency was mostly better against most major currencies. The ringgit was slightly higher versus the Singapore dollar at 2.5634/5678 from 2.5657/5683 on Wednesday and was marginally better against the yen at 3.2676/2710 from 3.2679/2726 yesterday.
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