Isnin, 28 Oktober 2013

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NST Online Business Times : latest


KL shares higher in early trade

Posted: 28 Oct 2013 07:26 PM PDT

Share prices on Bursa Malaysia were traded higher in early trading today on renewed buying interest, dealers said.

At 9.23am, the FTSE Bursa Malaysia KLCI was 0.92 point better at 1,819.31, after opening 2.83 points higher at 1,821.22.

Gainers outnumbered losers 187 to 123, with 204 counters unchanged, 1,114 untraded and 59 others suspended.

Turnover stood at 198.81 million shares worth RM94.031 million.

HwangDBS Vickers Research said the key FBM KLCI is expected to be range-bound for the time being as investors continue to assess the implications of Budget 2014 on the stock market.

"From a technical perspective, the immediate support and resistance levels for the benchmark index are currently pegged at 1,800 and 1,825, respectively.

"Moreover, there is no visible external catalyst to boost local sentiment at the moment," it said in a note today.

Amid a sideways market pattern, the research house said stocks that could be in the limelight today include Lion Corporation, with its share price likely to remain under selling pressure following its admission into the PN17 list.

Others include Alam Maritim, which has been awarded a contract worth RM38 million for the provision of an oil and gas supply vessel.

On the scoreboard, the Finance Index lost 17.45 points to 16,825.67, while the Plantation Index rose 17.59 points to 8,518.7 and the Industrial Index added 7.38 points to 3,149.45.

The FBM Emas Index increased 5.74 points to 12,636.28, the FBMT100 Index surged 4.98 points to 12,364.05, the FBM 70 rose 0.52 point to 14,322.07 and the FBM Ace added 42.77 points to 5,663.32.

Among actives, Hubline was flat at 6.5 sen, Instacom-WB rose 1.5 sen to 16.5 sen and R&A Telecommunication gained one sen to six sen.

As for heavyweights, Maybank fell two sen to RM9.94, Axiata lost one sen to RM6.90 and CIMB declined three sen to RM7.61.-- Bernama

Gold futures open higher

Posted: 28 Oct 2013 07:30 PM PDT

Gold futures contracts opened higher on Bursa Malaysia Derivatives on renewed buying interest, dealers said.

At 9.41am, spot month November was traded for the first time.

Spot month October 2013 gained nine ticks to RM136.75 a gramme, November 2013 was RM137.00 a gramme while December 2013 gained 14 ticks to RM137.35 a gramme.

Turnover stood at 35 lots while open interest amounted to 757 contracts.-- Bernama

Kredit: www.nst.com.my

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