Saturday 20 Apr 2024
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KUALA LUMPUR (Oct 7): The FBM KLCI stayed in positive territory at mid-morning on Tuesday, in tandem with the gains at most regional markets.

At 10am, the FBM KLCI added 4.12 points to 1,844.94.

The top gainers included BAT, HLFG, DKSH, Nestle, PPB, LTKM, KLCC, Dana Infra, United Plantations, Scientex, Axiata and Perak Corp.

Sumatec was the most actively trade counter with 30.76 million shares done. The stock fell 1.22% or half a sen to 40.5 sen.

The other actives included Censof, PDZ, Sanichi, DGB, YGL, Nexgram dn Globaltec.

The top losers included Timecom, Ajinomoto, KSL, Muda, Narra, Astro, Petronas Dagangan and Titijaya.

Regionally, Asian shares tentatively rose in early trade on Tuesday, while the dollar steadied after investors locked in some gains overnight on its recent rally, according to Reuters.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2 percent in early trade, shrugging off a choppy, losing session on Wall Street overnight, it said.

BIMB Securities said Asian markets were trading higher on Monday tracking gains on Wall Street which rose following a stronger-than-expected September U.S. jobs report that bolstered the outlook for the U.S. economy.

Locally, it said the overall market sentiment was lacklustre on Friday with FBM KLCI closing at 1,840.82, up by 3.14 points and +0.17%.

“As such, we reckon market to trade at a range bound today with immediate resistance 1843.84 at and support at 1837.81,” it said.
 

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