Bluechips lift local bourse

by 8888 Fri 17 Jun 2011, 17:45

KUALA LUMPUR: Buying interest in bluechip stocks lifted the local bourse's FBM KLCI Index in Friday trade even as most markets in Asia closed in the red.

The benchmark index rose 0.59% to 1,563.43 while Singapore's Straits Times Index closed half-a-percent lower at 3,005.28.

Tokyo's Nikkei 225 fell 0.64% to 9,351.40, Hong Kong's Hang Seng Index tumbled 1.17% to 21,695.26 and Shanghai's A share index dropped four-fifths of a percent to 2,642.82.

At Bursa Malaysia, advancers outpaced decliners 394 to 345 while 352 other counters were traded unchanged. There were 946.22 million shares traded with a total turnover of RM2.21 billion.

Financial stocks that saw gains included Maybank, which rose 26 sen to RM9 while Hong Leong Bank added 36 sen to RM13.36.

Hong Leong Financial gained 26 sen to RM12.64, Aeon Credit rose 21 sen to RM5.26 and Aeon jumped 62 sen to RM7.82.

Petronas Gas added 64 sen to RM12.94 and Malaysia Airport fell 13 sen to RM6.37.

Among plantation stocks, PPB dropped 66 sen to RM16.82, Batu Kawan lost 26 sen to RM17.04 and KLK added 36 sen to RM22.38.

Panasonic gained 24 sen to RM24.30, BAT shed 22 sen to RM45.68 and F&N dropped 48 sen to RM19.22.