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KL shares continue bullish trend Posted: 23 Oct 2013 07:02 PM PDT Share prices on Bursa Malaysia extended its bullish performance to open higher, in early trade, this morning supported by continued buying interest in heavyweights counters, dealers said. At 9.03am, the FTSE Bursa Malaysia KLCI was five points better at 1,819.11, after opening 4.64 points higher at 1,818.75. Gainers outnumbered losers 100 to 52, with 124 counters unchanged, 1,347 untraded and 28 others were suspended. Turnover stood at 69.258 million shares worth RM28.377 million.
"From a technical perspective, the benchmark index were already up by 2.6 per cent this month. "It may consolidate its gains by oscillating between its immediate support and resistance levels of 1,800 and 1,825, respectively," it said in a note today. On the corporate sector, it said stocks that could attract interest today include Protasco, which was appointed to develop 1,680 apartment units in Putrajaya with a project value of RM578 million. Others include Malaysian Resources Corp Bhd in response to a news
Meanwhile, on the scoreboard, the Finance Index rose 18.69 points to 16,871.88, the Plantation Index surged 36.05 points to 8,504.66 and the Industrial Index improved 8.94 points to 3,124.24. The FBM Emas Index gained 28.41 points to 12,648.13, the FBMT100 Index advanced 29.77 points to 12,375.43, the FBM Ace garnered 9.32 points to 5,544.74 and the FBM 70 perked 17.08 points to w14,387.71. Among actives, The Media Shoppe and Malaysian Airline System were each flat at 8.5 sen and 35 sen, respectively while Karambunai Corp fell half-a-sen to 10 sen. As for heavyweights, Maybank and Axiata rose one sen each to RM9.97 and RM6.92, respectively but CIMB lost one sen to RM7.65.-- Bernama |
Ringgit opens higher against US dollar Posted: 23 Oct 2013 07:06 PM PDT The ringgit opened higher against the US dollar Thursday, lifted by continued buying support for the local unit, dealers said. At 9.15am, the ringgit was quoted at 3.1555/1580 vis-a-vis the greenback from 3.1665/1695 yesterday. Meanwhile, the ringgit was higher against other major currencies. The local currency rose against the Singapore dollar to 2.5489/5533 from 2.5547/5575 on Wednesday and appreciated against the yen to 3.2417/2446 from 3.2547/2591 yesterday.
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