KUALA LUMPUR: Petronas Dagangan’s solid profit and profits supported the FBM KLCI’s (Klse Stock Signals) progress early Monday, helped by picks up in MISC and MAHB.
At 9.23am (Klse Stock Signals),
the FBM KLCI was up 2.02 focuses to 1,744.30. Turnover was 432.30 million offers esteemed at RM187.38mil. There were 243 gainers, 138 washouts and 270 counters unaltered.
Asian offers ventured back in careful early exchange on Monday as financial specialists hope to see whether US Republicans can pound a duty change bargain rapidly (Intraday Stock Signals), while the British pound fell on developing questions over Prime Minister Theresa May’s administration, Reuters announced.
MSCI’s broadest list of Asia-Pacific offers outside Japan plunged 0.15% while Tokyo’s benchmark Nikkei dropped 0.7%.
Hong Leong Investment Bank (HLIB) Research said advertise opinion stays feeble as the KLCI has not possessed the capacity to recover an area over 1,750.
“Likewise, the continuous November revealing season may send unpredictable exchanging developments on the stocks.
“Ought to there be a failure in income on innovation and O&G divisions, it might trigger some offering exercises after the run-up as of late,” said HLIB Research.
Petronas Dagangan hopped RM1.40 to rM23, MISC nine sen to RM7.39 (Stock Picks), BAT and MAHB eight sen higher at RM39.48 and RM8.43.
Hengyuan climbed 40 sen to RM10.40 while Petron added 10 sen to RM12.82.
Notwithstanding, Petronas Gas fell 30 sen to rM17.50 on some benefit taking.
Hartalega expanded its additions, up 20 sen to RM8.90. CIMB Equities Research is keeping up its Add call and target cost of RM9 as it is sure on the nitrile glove producer’s intend to dispatch another sort of glove – a protected non-draining antimicrobial nitrile examination glove by the principal half of 2018.
Top Glove propelled 12 sen to RM7.01.
Lafarge fell 17 sen to RM6.61 in thin exchange (Positional Stock Picks) and MPI lost 10 sen to RM13.64.
Latest Hot Stock For Malaysian Traders/Investors
1. TRIVE 2. MASTEEL 3. ASIABIO 4. THHEAVY 5. DGB
For live updates, traders/investors could visit www.mmfsolutions.my