KUALA LUMPUR: Tenaga Nasional, Telekom and CIMB controlled the FBM KLCI higher early Tuesday as speculator estimation was stirred by the solid overnight close on Wall Street. – klse stock pick 2017
At 9.07am (klse stock pick 2017),
The FBM KLCI was up 8.62 focuses or 0.49% to 1,764.67 – adding to the more than 14 focuses increased last Friday.
Turnover was 227.29 million shares esteemed at RM99.55mil. There were 275 gainers, 58 washouts and 226 counters unaltered.
Asian values were enduring on Tuesday
and the euro held picks up as business sectors’ rapture over a moderate triumph in the first round of the French presidential decision died down, however close term financial specialist assessment stays positive, Reuters announced.
Kenanga Investment Bank Research said last Friday, the KLCI rose 14.44 pooints or 0.83% to 1,756.05 in front of the long end of the week. – klse stock pick 2017
Supposition on the more extensive market was additionally more grounded, with 588 gainers against 320 decliners and 386 counters exchanged unaltered.
“Diagram shrewd, the KLCI’s essential pattern is certain with the benchmark record now seeming to have broken out of its fleeting combination stage/20-day SMA.
“In the meantime,
The MACD has additionally met its Signal line to mirror a move in energy from bearish to bullish. From here, anticipate that inclination will now be on the upside, towards 1,760 (R1) and
1,776 (R2) additionally up. Key bolster levels are presently 1,743 (S1) and 1,727 (S2),” it said. – klse stock pick 2017
Telekom and Tenaga rose 12 sen each to RM6.60 and RM13.86 while CIMB added 11 sen to RM5.72.
Age Credit picked up 24 sen to RM16.08 with 200 shares done while Petronas Dagangan climbed 20 sen to RM24.20 with only 100 shares done.
Time dotcom joined the rally, adding 20 sen to RM9.
GDex drawing in solid enthusiasm, picking up 13 sen to RM2.59 in dynamic exchange.
BAT fell the most, down 54 sen to RM45.98 while CCB shed nine sen to RM2.74 and Astro three sen bring down at RM2.69. – klse stock pick 2017
Seacera fell seven sen to RM1.21 and Seacera-WA lost 4.5 sen to 22 sen after it proposed to issue 70 million to 80 million new shares to raise RM70mil.
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