KUALA LUMPUR: Blue chips organized a gentle bounce back on Monday, following the firmer key Asian markets, as (Share market today) financial specialist assessment was given a lift after keep going Friday record shutting on Wall Street.
At 9.07am (Share market today),
the KLCI was up 3.22 focuses or 0.18% to 1,758.22. Turnover was 111.36 million offers esteemed at RM36.60mil. There were 186 gainers, 59 failures and 188 counters unaltered.
Hong Leong Investment Bank (HLIB) Research said the KLCI (share market investment) might be expected for a mellow specialized bounce back this week subsequent to falling fourth straight week to play make up for lost time with territorial associates.
“All things considered, any bounce back is probably going to be topped close to 1,774 levels because of absence of crisp impetuses. Key backings are 1,740-1,750,” it said.
Reuters revealed Asian stocks ascended on Monday after the Dow and S&P 500 hit record highs on Friday (Share Market Tips) on wagers the Federal Reserve’s accommodative money related approach will keep following dull US information, with that view sending the dollar reeling to a 10-month low.
MSCI’s broadest file of Asia-Pacific offers outside Japan progressed 0.2% at an early stage Monday. Japan’s Nikkei rose 0.1%. Australian offers were 0.1% lower, while South Korea’s Kospi hopped 0.5%.
Petronas Dagangan rose 14 sen to RM23.80 and Petronas Gas added 10 sen to RM18.90 and Petronas Chemicals three sen higher at RM6.88. Refiners (Share market today) Petron rose 11 sen to RM8.12 and Hengyuan eight sen up at RM5.82.
MAHB was the best gainer, ascending on the higher traveler and freight movement. –
With respect to shopper stocks, Ajinomoto rose 14 sen to RM24.28, BAT added 14 sen to RM43.08 and Carlsberg 10 sen higher at RM15.08.
MPI fell the most, down 14 sen to RM13.24 on gentle benefit taking, JF Tech and Globetronics down two sen each to RM2.03 and RM6.28.
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