KUALA LUMPUR: Petronas Gas and refiners were among the best gainers early Thursday as oil costs rose to their most noteworthy in over two years while IJM ascended in dynamic exchange (Share Investor) in the wake of securing a RM1.5b parkway work in India.
At 9.27am (Share Investor),
the KLCI was up 0.69 of a point or 0.04% to 1,724.23. Turnover was 353.15 million offers esteemed at RM126.45mil. There were 222 gainers, 154 washouts and 235 counters unaltered.
Asian offers edged ahead on Thursday as hypothesis the Federal Reserve won’t not fix US arrangement as forcefully as first idea slugged the dollar and helped bonds all around (Klse Stock), Reuters detailed.
MSCI’s broadest list of Asia-Pacific offers outside Japan added 0.15% to scale a new 10-year top. Movement was light with Japanese markets shut for an occasion and the United States off for Thanksgiving.
Oil costs hit their most astounding in over two years after the shutdown of one of the biggest unrefined pipelines from Canada slice supply to the US. US unrefined prospects were floating at US$58 a barrel (Bursa Saham Malaysia) and Brent rough was firm at US$63.29 a barrel.
Refiners Hengyuan added 22 sen to RM10.62 and Petron 20 sen higher at RM12.16 while Petronas Gas added 10 sen to RM16.66.
Lysaght climbed 30 sen to RM3.80 (Malaysia Stock Market), CI Holdings 23 sen to RM2.30 while HL Industry climbed 19 sen to RM9.99.
IJM rose 10 sen to RM3.15 in dynamic exchange. CIMB Equities Research is holding its objective cost of RM3.87 for IJM Corporation, which is about 27% over its last exchanged cost of RM3.05.
MPI fell 28 sen to RM12.98 with 100 offers done (Klse Share Price). PPB Group and BAT fell 14 sen each to RM16.52 and RM38.52.
Hartalega lost 10 sen to RM9.15 and Tenaga eight sen bring down at RM14.78.
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