Khamis, 19 September 2013

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US stocks mixed after Wed's rally

Posted: 19 Sep 2013 05:24 PM PDT

NEW YORK: US stocks on Thursday closed mixed, cooling off after Wednesday's torrid rally in the wake of the Federal Reserve's decision to maintain an aggressive stimulus programme.

The Dow Jones Industrial Average dropped 40.39 points (0.26 percent) to 15,636.55. The broad-based S&P 500 dipped 3.18 points (0.18 percent) to 1,722.34. Both the Dow and the S&P 500 reached record highs on Wednesday after the Fed announcement. The tech-rich Nasdaq Composite Index rose 5.74 points (0.15 percent) to 3,789.38.

"You've got to expect a little bit of a pull-back" after Wednesday's "very explosive" rally, said Peter Cardillo of Rockwell Global Capital. "And it's not that much of a pullback."

Dow component JPMorgan Chase fell 1.2 percent after fines of US$920 million were announced against it for securities and governance failures relating to the London whale trading debacle.

Another Dow component, Walt Disney Co., dipped 2.1 percent after Morgan Stanley downgraded the company to "equal weight," arguing that gains in the company's parks and other businesses are already reflected in the firm's valuation.

Disney will likely prosper in 2015 from the Star Wars film, but gains are "already discounted in shares," Morgan Stanley said.

Agilent jumped 3.4 percent after announcing it would spin off its electronic measurements businesses into a new publicly traded company while keeping its life sciences, diagnostics and applied markets divisions under the Agilent name.

Online coupon company Groupon surged 9.0 percent after Stifel Nicolaus upgraded the equity to "buy." The Stifel note cited Groupon as a leader in mobile commerce, according to Barrons.com. -- AFP

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Texas court overturns Tom DeLay conviction - USA TODAY

Posted: 19 Sep 2013 09:18 AM PDT

Catalina Camia, USA TODAY 11:45 a.m. EDT September 19, 2013

A Texas court has overturned the conviction of former House majority leader Tom DeLay in a money-laundering case stemming from the 2002 elections.

The documents were released Thursday by the Texas 3rd Court of Appeals in Austin.

"The evidence was legally insufficient to sustain DeLay's convictions," the documents said. The judges said they "reverse the judgments of the trial court" and acquit DeLay, once one of the most powerful Republicans in Congress, of all charges.

The acquittal means DeLay cannot be retried and the money laundering case is over. DeLay, now 67, left Congress in 2006. He served as majority leader, the House's No. 2 job and top lieutenant to the speaker, from 2003 to 2005.

"He's ecstatic. He's gratified. He's just a little bit numb," DeLay's attorney, Brian Wice, told the Associated Press. "I'm hoping with today's victory, he will be able to resume his life as he once knew it."

DeLay was convicted by a jury in November 2010 for illegally funneling $190,000 in corporate money via the Republican National Committee to help elect GOP candidates to the Texas Legislature in 2002. The RNC then in turn sent checks to Texas House candidates. State law prohibits corporations from giving directly to political candidates and their campaigns.

DeLay was sentenced to three years in prison on a conspiracy charge and five years for money laundering. He remained free while he was appealing his case. For years, DeLay had maintained his innocence and denounced what he called the "criminalization of politics."

In the appellate court's majority opinion, the judges said that "the evidence shows that the defendants were attempting to comply with the election code limitations on corporate contributions."

Contributing: Brad Heath

Follow @ccamia on Twitter.

$400 million Powerball lottery ticket sold in Lexington, South Carolina - CNN

Posted: 19 Sep 2013 08:55 AM PDT

STORY HIGHLIGHTS
  • NEW: Winner has yet to come forward, lottery official says Thursday morning
  • The winning ticket was purchased in Lexington, South Carolina
  • The odds of winning were 1 in 175,22,510
  • The winning numbers: 7, 10, 22, 32, 35 and Powerball 19

(CNN) -- You were more likely to be struck by lightning or attacked by a shark -- maybe even at the same time -- than win Wednesday night's Powerball drawing.

But then again, you're not Mystery Ticket Holder in Lexington, South Carolina.

Millions played, hoping against hope, defying the odds, dreaming the dream of winning the $399.4 million jackpot.

But there was only one winning ticket that hit the jackpot.

Powerball trio strikes it rich with $448 million jackpot

One that spit in the face of the formidable 1-in-175,223,510 odds.

One that drew the winning numbers: 7, 10, 22, 32, 35 and Powerball 19.

And it belongs to Mystery Ticket Holder in Lexington, South Carolina.

No one has yet come forward to claim the prize, said the director of the South Carolina Lottery, Paula Harper Bethea, on Thursday morning.

We may never know the name or names of the winners. South Carolina lottery rules lets winners remain anonymous if they want.

Powerball jackpot winners in New Jersey claim prize

Bethea said the ticket was sold Wednesday afternoon at a Murphy gas station in that 5.8-square-mile town of 17,800.

The station will receive a cool $50,000 for selling the ticket. The winner or winners must claim the prize within 180 days, Bethea said.

Bethea told reporters outside the station Thursday that she encourages the winner or winners to sign the back of the ticket, put it in a secure location and seek counsel from an accountant, lawyer or financial planner.

"This is a life-changing event. There are a lot of zeroes that this person or these persons are going to get," she said.

Wednesday's haul was the fourth largest lottery price in U.S. history.

The biggest payload in American history was $665 million in the Mega Millions game in March 2012. The greatest Powerball jackpot was the $590.5 million won with a single ticket in Florida this past May.

But $400 million, with a cash value of $223 million, is still pretty sweet.

Someone's calling in sick this morning. That, you can bet on.

Why you keep playing the lottery

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Rabu, 18 September 2013

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KL shares rebound sharply to open higher

Posted: 18 Sep 2013 06:52 PM PDT

The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded sharply to open higher after the US Federal Reserve, in a surprise move, decided to maintain the value of its monthly bonds purchase programme, a dealer said.

At 9.06am, the benchmark index was 20.5 points higher at 1,791.9 after opening 19.01 points better at 1,790.41 points.

HwangDBS Vickers Research said Asian equities were poised to get a lift from the US Federal Open Market Committee's surprise decision to continue its monthly bonds purchase at a similar pace of US$85 billion.

In reaction to the policymakers' move to await more evidence that the economic progress would be sustained before adjusting the pace of its purchases, major US bellwethers jumped to new highs after rising between 0.9 per cent and 1.2 per cent at the closing bell last night.

"The positive vibes may spill over to our local bourse too. On the chart, the benchmark FBM KLCI could climb to challenge the immediate resistance threshold of 1,785 ahead," it added.

On the scoreboard, the Finance Index surged 165.959 points to 16,830.26, the Industrial Index gained 33.15 points to 3,042.44 and the Plantation Index added 55.229 points to 8,386.09.

The FBM Emas Index jumped 133.72 points to 12,424.29, the FBM100 Index chalked-up 133.271 points to 12,174.44 and the FBM 70 perked 129.63 points to 14,088.87 while the FBM Ace advanced 50.1 points to 5,202.47.

Gainers thrashed losers 331 to 28, with 71 counters unchanged, 1,158 untraded and 35 others were suspended.

Volume stood at 102.82 million shares worth RM106.2 million.

Among actives, MAS and Instacom added one sen to 33 sen and 27 sen respectively, Integrated Rubber and Green Ocean gained 1.5 sen each to 52 sen and 17 sen, respectively, and Focal Aims perked 11 sen to RM1.74.

Heavyweights, Maybank added 10 sen to RM10.30, Axiata gained five sen to RM6.93, CIMB perked 14 sen to RM7.74, Sime Darby chalked-up seven sen to RM9.56 and Petronas Chemicals rose two sen to RM6.81.-- Bernama

Ringgit opens higher against US dollar

Posted: 18 Sep 2013 06:55 PM PDT

The ringgit remained higher for the third consecutive day against the US dollar this morning, spurred by persistent buying
momentum for the local unit, dealers said.

The local note was quoted at 3.1745/1775 per US dollar versus yesterday's close of 3.2325/2355.

A dealer said the ringgit received a boost following the US Federal Open Market Committee's surprise decision to continue its monthly bonds purchase at a similar pace of US$85 billion.

"This will stimulate confidence among investors over the economic progress in US, the world largest economy, thus help boost risk appetite for emerging currencies like the ringgit," the dealer told Bernama.


Meanwhile, against other major currencies, the ringgit was also traded firmer.

The local unit appreciated against the Singapore dollar to 2.5508/5536 from 2.5667/5701 yesterday and soared against the yen to 3.2340/2374 from 3.2691/2735 Wednesday.

It also rose against the British pound to 5.1227/1278 from 5.1594/1652 on Wednesday and strengthened against the euro to 4.2932/2976 from 4.3151/3197 yesterday.-- Bernama

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Mother of alleged Navy Yard gunman: 'My heart is broken' - USA TODAY

Posted: 18 Sep 2013 09:18 AM PDT

The mother of Navy Yard shooting suspect Aaron Alexis says she doesn't know why her son did what he did and now she'll never be able to ask him.

Yamiche Alcindor, USA TODAY 12:15 p.m. EDT September 18, 2013

NEW YORK — The mother of the man who police say fatally shot 12 people at the Washington Navy Yard expressed sorrow Wednesday for what her son had done, adding that her "heart is broken."

Cathleen Alexis released a statement that was read to a CNN reporter who spoke with her briefly in her Brooklyn apartment. A pastor, Bishop Gerald Seabrooks, later read the statement to media gathered outside the home.

"Our son Aaron Alexis has murdered 12 people and wounded several others," Cathleen Alexis says in the statement. "His actions have had a profound and everlasting effect on the families of the victims. I don't know why he did what what he did, and I'll never be able to ask him, why. Aaron is now in a place where he can no longer do harm to anyone, and for that I am glad. To the families of the victims, I am so, so very sorry that this has happened. My heart is broken."

Authorities say Aaron Alexis, 34, walked into work Monday at the Navy Yard's Building 197 with a shotgun he assembled in a men's room and killed 12 people before being fatally shot by police.

Cathleen Alexis has been holed up in her apartment with journalists camped outside her home since the tragedy in Washington. On Wednesday, she broke her silence, agreeing to provide the brief statement.

Deborah Feyerick, a national correspondent for CNN, said Alexis choked up at times as she read her statement. Alexis declined to say when she last spoke to her son, why he may have unleashed such violence and whether she had thought her son was troubled.

Alexis told Feyerick she came home Monday after hearing about the shooting and hasn't been able to leave since. Some co-workers have reached out to the mother, but on Wednesday she remained alone in her apartment.

Seabrooks, who came to Alexis' home as a member of the Brooklyn Clergy/ NYPD Task Force, spoke to reporters outside Alexis' home after the statement was released. He said Alexis was deeply pained by her son's actions and was focusing on the loss of the victims rather than her son's death.

Seabrooks said that in his NYPD role he often visits families affected by violence. He and several others have been buying her water and food as well as comforting her.

"She's very, very sad — under a lot of stress, a lot of duress," Seabrooks said of Cathleen Alexis. "She's grieving for this tragedy, for her son as well as the victims. She's a tremendous woman who is very concerned about the other victims. She's not even mentioning her son."

Seabrooks added that Alexis didn't discuss any personal information about her son and revealed little about their relationship.

He also asked reporters outside the home to give Alexis — and her neighbors — some space. The street has been filled with news trucks and journalists since Monday.

Passenger train, bus collide in Canada's capital, six dead - Reuters

Posted: 18 Sep 2013 09:15 AM PDT

Emergency workers take a person away on a stretcher at the scene of an accident involving a bus and a train in Ottawa September 18, 2013. REUTERS/Chris Wattie

OTTAWA | Wed Sep 18, 2013 12:11pm EDT

(Reuters) - A passenger train and a double-decker city bus collided on the outskirts of Ottawa on Wednesday, killing six people on the bus and critically injuring 11 more, emergency officials said.

The front of the red double-decker bus was sheared off and the engine of the VIA Rail train had derailed, but the train cars remained upright with little noticeable damage.

Ambulances and fire trucks swarmed the scene, and rail officials were helping train passengers off the train.

Ottawa emergency officials said there were six confirmed fatalities in the collision, which occurred at 8:48 a.m. EDT (1248 GMT), and that at least 10 more were critically injured.

VIA Rail, which operates national rail passenger service in Canada, said there were no major injuries reported on the train.

Passengers on the train, which was heading to Toronto, said they felt a small impact.

"All I felt was a bump, and I saw a bit of smoke. I thought we were going off the track ... I was afraid we were going to flip over," passenger Robert Gencarelli told reporters on the scene.

He said he was startled when he got off the train and saw how badly the bus was damaged.

"That hit home."

Another train passenger, who did not give his name, said he saw the bus rolling toward the train tracks and knew the collision was about to happen.

"I saw it before it happened. I was expecting something. There was a big bang. ... The bus was rolling. It didn't stop."

The crash occurred in the rural west end of Ottawa, Canada's capital city, at a level crossing surrounded by corn fields.

A reunification center was set up for families and friends looking for passengers on the bus and train, the City of Ottawa said.

Canadian Prime Minister Stephen Harper said he was "deeply saddened" to hear about the collision, which came just months after a runaway freight train crash and explosion killed 50 people in Lac-Megantic, Quebec.

"Our thoughts and prayers are (with) the families of those involved," Harper said on Twitter.

Canada's two big railroads - Canadian National Railway Co and Canadian Pacific Railway Ltd - are reviewing safety standards after the July 6 Lac-Megantic crash that destroyed the center of the small Quebec town.

(Writing by Andrea Hopkins; Editing by Jeffrey Hodgson, Doina Chiacu and Peter Galloway)

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Selasa, 17 September 2013

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Ringgit opens higher against US dollar

Posted: 17 Sep 2013 06:58 PM PDT

The ringgit continues to trade higher against the US dollar for the second day today on renewed buying demand.

In the early session, the local currency was quoted at 3.2345/2375 per US dollar versus yesterday's closing at 3.2485/2515.

A dealer said the ringgit opened higher against the greenback despite investors remaining on the sidelines, taking the cue from the US Federal Open Market Committee meeting outcome, which is to be known later tonight.

"As the policymakers could announce the beginning of an unwinding of its monetary stimulus programme, the consensus is an initial reduction of about US$10 billion in monthly bonds purchase from an existing amount of US$85 billion," he said.

Meanwhile, the ringgit was traded higher against the Singapore dollar at 2.5679/5711 from 2.5743/5769 yesterday and soared against the yen to 3.2589/2623 from 3.2737/2774 Tuesday.

The ringgit also rose against the British pound to 5.1419/1479 from 5.1687/1748 yesterday and strengthened against the euro to 4.3171/3217 from 4.3384/3434 at yesterday's close.-- Bernama

Westports to launch bookbuilding for IPO

Posted: 17 Sep 2013 07:06 PM PDT

Westports Holdings Bhd, operator of Malaysia's busiest port, is expected to launch on Thursday the bookbuilding for its RM2.03 billion initial public offering in Malaysia, according to sources with knowledge of the deal.

The offer to institutional investors is expected to range at an indicative price of RM2.30 to RM2.50 per share, the sources added.

The listing would be Malaysia's second largest this year after the planned RM2.4 billion initial share sale by UMW Oil & Gas Bhd expected some time in the fourth quarter.

Westports, which counts state investor Khazanah Nasional and Hong Kong's Hutchison Port Holdings as shareholders, could not be reached immediately for comment.-- Reuters

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Navy Yard suspect recently treated for mental illness - USA TODAY

Posted: 17 Sep 2013 09:05 AM PDT

Kevin Johnson and Doug Stanglin, USA TODAY 12:04 p.m. EDT September 17, 2013

WASHINGTON -- The civilian contractor suspected of killing 12 people in Monday's assault at the Navy Yard sought assistance for mental illness as recently as a month ago, a federal law enforcement official said Tuesday.

Aaron Alexis, who was killed by police responding to the massacre, reported symptoms of paranoia including hearing voices, said the official who is not authorized to comment publicly.

It was not believed that he was ever declared mentally ill by a court. Such a finding would have prohibited him from purchasing a weapon.

The official said the 34-year-old suspected shooter paid about $540 to buy a 12-gauge shotgun and ammunition in recent days at a gun store in Virginia and took them to the Navy Yard Monday shortly before authorities believe he carried out the assault.

The official said that investigators are just beginning to analyze Alexis' possessions to determine if it might reveal any motive for the slayings.

In a newly revised sequence of events, federal investigators believe Alexis cleared a security checkpoint with his contractor ID and carried the unassembled weapon into Building 197 at the Naval Sea Systems Command headquarters.. The official said that investigators now believe that he stopped in a men's room where he assembled the weapon and proceeded to a site on the third or fourth floor of the building that overlooked an interior atrium.

It is believed, the official said, that Alexis began firing indiscriminately on the people below with the law enforcement-style shotgun. After firing several rounds, the official said, Alexis ran down a flight of stairs where he confronted and shot a security officer.

It is believed that Alexis took the officer's handgun and returned to the overlook where he continued to shoot. At some point, the official said, Alexis again left the overlook and confronted a victim described as a maintenance person or building staffer. Alexis allegedly shot that person and returned one last time to the overlook where he was ultimately killed in a confrontation with police.

"It didn't appear that he had any plan for escape,'' the official said.

Contrary to earlier reports provided by law enforcement officials, Alexis was not believed to be in possession of an AR-15 rifle.

"No one believes he was looking for anybody in particular,'' the official said.

A witness, Rick Mason, a program management analyst, said the gunman was aiming down at people in the building's cafeteria on the first floor.

Patricia Ward, a logistics management specialist, said she was in the cafeteria. "I heard three shots — pow, pow, pow. Thirty seconds later I heard four more shots."

Then panic, as people tried to get out of the cafeteria. "A lot of people were just panicking. There were no screams or anything because we were in shock."

The federal law enforcement official said it was believed earlier that Alexis may have shot his way into the building because of the location of two victims just outside the building. But it is now believed the victims may have moved there from another location, supporting the theory that Alexis walked into the building without incident and assembled the shotgun inside.

The Metropolitan Police Department identified five additional victims Tuesday morning. They are Arthur Daniels, 51; Mary Francis Knight, 51; Gerald L. Read, 58; Martin Bodrog, 54 and Richard Michael Ridgell, 52.

The seven victims identified Monday night are Michael Arnold, 59; Sylvia Frasier, 53; Kathy Gaarde, 62; John Roger Johnson, 73; Frank Kohler, 50; Kenneth Bernard Proctor, 46; and Vishnu Pandit, 61.

None of the victims have been identified as active-duty military personnel, officials said.

At least three people, including a city police officer, suffered non-fatal gunshot wounds inside Building 197. Hospital officials said all three were expected to recover. Authorities said five other people suffered minor non-gun injuries.

The shock of the rampage, which took place less than three miles from the White House, hung over the city Tuesday

Defense Secretary Chuck Hagel and other officials did not offer any comments as they laid a wreath Tuesday in honor of the victims, but the setting and the somber mood said it all.

As a service member played "Taps," Hagel, along with Chairman of the Joint Chiefs Martin Dempsey and Washington Mayor Vincent Gray, placed the wreath next to "The Lone Sailor" statue that represents "all people who have ever served, are serving now, or are yet to serve in the United States Navy."

U.S. flags were lowered to half-staff at the Congress and White House.

Kevin Johnson reported from Washington. Contributing: Associated Press

Costa Concordia: Tragedy's full horror exposed - BBC News

Posted: 17 Sep 2013 09:01 AM PDT

A detail of the previously submerged side of the Costa Concordia is seen after it was lifted upright, on the Tuscan Island of Giglio, Italy, Tuesday, 17 September, 2013.Pale red curtains hang in shreds over the previously submerged side of the Costa Concordia

Never forget, this is a story about death; a story about human incompetence, and tragedy; about the actions of several men, employed to sail 4,000 passengers and crew along the Italian coast.

It is a story about how they failed spectacularly, and killed 32 people in the process.

I say this because even here, on the island of Giglio, it has been hard to remember that. Until now, the Costa Concordia did not display the sort of twisted, shattered remains that we saw after a high-speed train slammed into that wall in northern Spain.

A bright red object in the window of the wreck on the waterline of the Costa Concordia righted wreck, Giglio, Italy, 17 September 2013.On the waterline in the middle window lies what appears to be a bright red suitcase

What we saw here was not the multiple pile-up on the motorway that so obviously tells its own horror story.

The Costa Concordia was - again, until now - an awesome sight. On its side the first time I saw it, it seemed a work of art, lying there on the pristine blue waters. You could not help but look at it, and be drawn to it.

Sodden curtains

Now the full horror of what happened was exposed. There were the concertinaed floors of luxury cabins. There were the ripped and soaked curtains, hanging limply from the compressed window frames. A bright red suitcase appeared to float in the waters.

There were doors on the starboard walkway that slowly opened and closed as the water flowed through them.

Somewhere on those buckled decks, in the dark of night, on 13 January 2012, stood Dayana Arlotti. She was a five-year-old girl on the cruise ship with her father, and his partner.

He had just put a lifejacket on his daughter, when she slipped. She fell down the side of the ship, into the water. He jumped in after her. Both of them died.

Handout photo obtained on 17 September, 2013 from EADS shows a view of the wreck of the Costa Concordia cruise ship after it was turned upright in the harbour of Isola de Giglio, taken by the Astrium satelliteSatellite photographs show the stricken vessel upright surrounded by salvage boats

I first met the survivors in a hotel at Rome airport. It was hours after they had been rescued. Their adrenalin was still flowing. They spoke of their relief, and of how ordinary crew members had been fantastic, and how Giglio's islanders had given them warm clothes.

Already, though, at that stage they were questioning the actions of senior staff employed by the shipping company, Costa Cruises.

Why, they wondered, had the alarm not been sounded earlier? Why did the order to evacuate the ship come so late?

Since then, of course, much has happened. Five crew members have been found guilty of manslaughter and negligence. The captain is still on trial. And now, the Costa Concordia is closer to being moved away from the island of Giglio.

Economic boom

Before that move happens, two more bodies need to be found.

It is thought that Maria Grazia Trecarichi, a passenger on board for her 50th birthday, and Russel Rebello, a waiter, are still inside. A thorough search will now take place, once the ship is made safe.

Imagine waiting 20 months to reclaim the body of a loved one.

The capsized cruise liner Costa Concordia is seen at the end of the "parbuckling" operation outside Giglio harbour 17 September, 2013.The wreck has given some islanders an economic boost, but others want Giglio to be rid of an unwelcome sight

Then, and not before time, the ship will be refloated and towed away. After the success of the rotation, the salvage teams are now sure that will be possible.

When it happens, Giglio will be allowed to return to the "quiet and simplicity" that one shopkeeper here, Elena Costa, says used to characterise her island.

"It's enough," she says. "I want it to leave the island."

A group of school children looked over the wall of the harbour here, across at the newly upright ship against the skyline.

A teacher on Giglio, Rosa Mattera, said the children too would be happy to see it go. "They can't wait for the ship to leave. They're worried about their sea."

So far, we are told, there has been no pollution from the wreck since the operation to rotate her.

Another local, Samantha Brizzi, who runs a holiday rental company, said the hundreds of engineers and salvage workers who had been on the island had provided an economic boom for Giglio. "They've been so professional, and nice to have around."

They will be here a while longer. But by next summer the teams hope - in the words of the salvage manager - to be off the island, and "on the golf course".

Giglio would like that too.

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Isnin, 16 September 2013

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KL shares rebound

Posted: 16 Sep 2013 06:57 PM PDT

Share prices on Bursa Malaysia rebounded this morning, tracking the bullish sentiment on regional markets yesterday, dealers said.

At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood 9.97 points higher at 1,780.77 points after opening at 1,777.41 points.

HwangDBS Vickers Research said regional peers posted gains yesterday when the local stock exchange was closed for a local holiday with Indonesia (up 3.4 per cent), Thailand (gained 3.1 per cent) and the Philippines (added 2.8 per cent) leading the way.

"A catch-up rebound is in store for Malaysian equities today.

"On the chart, the benchmark FBM KLCI is set to jump ahead, possibly challenging to overcome the immediate resistance threshold of 1,785 points and climb towards the psychological mark of 1,800 points," it said.

On the scoreboard, the Finance Index soared 118.91 points to 16,706.31, the Industrial Index rose 20.03 points to 3,025.78 but the Plantation Index shed 23.38 points to 8,307.37.

The FBM Emas Index chalked-up 57.21 points to 12,331.8, the FBM100 Index was 56.76 points higher at 12,084.96, the FBM 70 increased 20.391 points to 13,928.11 and the FBM Ace gained 22.53 points to 5,116.92.

Gainers outpaced losers 194 to 38, with 100 counters unchanged, 1,256 untraded and 21 others were suspended.

Volume stood at 75.91 million shares worth RM56.01 million.

Among actives, Salcon eased one sen to 68 sen, both Hovid and ES Ceramic gained 1.5 sen each to 29 sen and 11 sen, respectively, and Karambunai Corp earned half-a-sen to 12 sen.

Heavyweights, Maybank and CIMB added ten sen each to RM10.22 and RM7.67, respectively, and Sime Darby added eight sen to RM9.60.

Axiata lost one sen to RM6.88 while Petronas Chemicals was unchanged at RM6.75.-- Bernama

KLC I futures mostly higher in early session

Posted: 16 Sep 2013 06:59 PM PDT

The FTSE Bursa Malaysia KLCI (FBM KLCI) futures contract on Bursa Malaysia Derivatives was mostly higher in early session today, tracking the firmer cash market.

At 9.19am, spot month September 2013 and December 2013 were nine points better each at 1,774 and 1,769, respectively, and October 2013 gained 8.5 points to 1,773.5 while March 2014 was untraded at 1,750.

Turnover stood at 1,032 lots while open interest totalled 44,819 contracts.

The underlying FBM KLCI was 8.79 points better at 1,779.59 at 9.19am. -- Bernama

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