Market Open KLCI edges up in line with regional markets, blue chips lift
Page 1 of 1
Market Open KLCI edges up in line with regional markets, blue chips lift
Market Open
KLCI edges up in line with regional markets, blue chips lift
KUALA LUMPUR (Nov 26): The FBM KLCI edged up in early trade on Wednesday, in line with the advance at most regional markets, lifted by select blue chips including Petronas-linked stocks and Genting.
At 9am, the FBM KLCI rose 1.96 points to 1,840.52.
The top gainers included British American Tobacco (M) Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Petronas Gas Bhd, Lysaght,Dutch Lady Milk Industries Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Gas Malaysia Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Malaysia Airports Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Genting Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Ta Ann Resources Bhd ([You must be registered and logged in to see this image.]Financial Dashboard),Petronas Dagangan Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Press Metal Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) and Sime Darby Bhd ([You must be registered and logged in to see this image.] Financial Dashboard).
Regionally, Asian stocks edged up on Wednesday after data showing the U.S. economy growing at a relatively solid pace calmed investor anxiety over slowing global growth, while the Australian dollar languished near four-year lows against the dollar, according to Reuters.
Oil prices were also under pressure as major oil producing nations failed to agree on curbs to output ahead of an OPEC meeting on Thursday, it said.
JF Apex Securities Research in a market preview Wednesday said U.S. stocks finished little changed overnight, with the S&P 500 wavering around its peak, as data had the economy growing more than previously forecast in the third quarter, offsetting an unexpected drop in consumer confidence in November.
Meanwhile, it said European shares closed flat to higher as investors digested revised third quarter gross domestic product (GDP) data from the U.S., which showed the economy grew more than previously thought.
“On the local market, the FBM KLCI gained 4.79 points to 1838.56 points.
“We expect the index to consolidate around the support of 1835 points,” it said
KLCI edges up in line with regional markets, blue chips lift
KUALA LUMPUR (Nov 26): The FBM KLCI edged up in early trade on Wednesday, in line with the advance at most regional markets, lifted by select blue chips including Petronas-linked stocks and Genting.
At 9am, the FBM KLCI rose 1.96 points to 1,840.52.
The top gainers included British American Tobacco (M) Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Petronas Gas Bhd, Lysaght,Dutch Lady Milk Industries Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Gas Malaysia Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Malaysia Airports Holdings Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Genting Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Ta Ann Resources Bhd ([You must be registered and logged in to see this image.]Financial Dashboard),Petronas Dagangan Bhd ([You must be registered and logged in to see this image.] Financial Dashboard), Press Metal Bhd ([You must be registered and logged in to see this image.] Financial Dashboard) and Sime Darby Bhd ([You must be registered and logged in to see this image.] Financial Dashboard).
Regionally, Asian stocks edged up on Wednesday after data showing the U.S. economy growing at a relatively solid pace calmed investor anxiety over slowing global growth, while the Australian dollar languished near four-year lows against the dollar, according to Reuters.
Oil prices were also under pressure as major oil producing nations failed to agree on curbs to output ahead of an OPEC meeting on Thursday, it said.
JF Apex Securities Research in a market preview Wednesday said U.S. stocks finished little changed overnight, with the S&P 500 wavering around its peak, as data had the economy growing more than previously forecast in the third quarter, offsetting an unexpected drop in consumer confidence in November.
Meanwhile, it said European shares closed flat to higher as investors digested revised third quarter gross domestic product (GDP) data from the U.S., which showed the economy grew more than previously thought.
“On the local market, the FBM KLCI gained 4.79 points to 1838.56 points.
“We expect the index to consolidate around the support of 1835 points,” it said
Cals- Administrator
- Posts : 25277 Credits : 57721 Reputation : 1766
Join date : 2011-09-08
Location : global
Comments : “My plan of trading was sound enough and won oftener that it lost. If I had stuck to it Iâ€d have been right perhaps as often as seven out of ten times.â€
Stock Exposure : Technical Analysis / Fundamental Analysis / Mental Analysis
Similar topics
» Market Open KLCI edges higher in line with regional markets
» Market Open KLCI opens 0.7% higher as blue chips lift
» Market Open Select blue chips lift KLCI in early trade
» Market Close KLCI rises 0.49% as global markets steady, select blue chips lift
» Market Open KLCI rises 0.37% in line with uptrend at regional markets
» Market Open KLCI opens 0.7% higher as blue chips lift
» Market Open Select blue chips lift KLCI in early trade
» Market Close KLCI rises 0.49% as global markets steady, select blue chips lift
» Market Open KLCI rises 0.37% in line with uptrend at regional markets
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum