Financial Advisory Services- Blue chips marginally higher early Friday in the midst of careful standpoint

Financial Advisory Services

KUALA LUMPUR: Blue chips were somewhat higher early Friday yet general financial specialist notions (Financial Advisory Services) was careful after the current offering by remote assets in spite of the firmer monetary information.

At 9.29am (Financial Advisory Services),

the FBM KLCI was up 0.29 of a point or 0.02% to 1,754.29. Turnover was 606.22million offers esteemed at RM150.47mil. There were 204 gainers, 175 washouts and 295 counters unaltered.

Asian stocks held firm close to a 10-year high on Friday on account of desires of energetic worldwide development, in spite of the fact that speculators held off pursuing the offers higher in front of US and Chinese monetary information and additionally the Chinese Communist Party congress one week from now.

MSCI’s broadest list of Asia-Pacific offers outside Japan was up 0.1%, having increased 3.4% so far this month. Japan’s Nikkei was minimal changed.

On the standpoint for

Bursa Malaysia (Share Market Recommendations), Hong Leong Investment Bank (HLIB) Research said exchanging exercises among the ACE and penny stocks ought to stay dynamic as blue chips keep on seeing offering weight.

“Financial specialists will weigh on the possibilities of up and coming Budget 2018 and the 3Q17 revealing season in November combined with the GE14 race vulnerability,” it said. The Budget 2018 recommendations will be reported on Oct 27.

KL (Stock Trading Signals)

Kepong rose 20 sen to RM24.96 and PPB Group added eight sen to RM16.86 yet Batu Kawan fell 10 sen to RM19.40.

HLFG added 14 sen to RM16.98 while Petronas Gas increased eight sen to RM18.56.

KESM added 10 sen to RM16.80 and Vitrox 10 sen toRM4.96 yet Uchi Tec lost four sen to RM2.91.

Top Glove rose six sen to RM5.99 yet Hartalega fell 13 sen to RM7.35.

BAT lost 22 sen to RM42.66 and Ajinomoto 18 sen to RM19.84.

UMW and Lafarge

lost five sen each to RM5.56 and RM6.71 (Stock Recommendations) while Axiata shed four sen to RM5.29.

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