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Midday Market Limited gains for KLCI in choppy trade
by Cals Wed 24 Apr 2013, 13:45
Midday Market Limited gains for KLCI in choppy trade
Business & Markets 2013
Written by Surin Murugiah of theedgemalaysia.com
Wednesday, 24 April 2013 12:39
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KUALA LUMPUR (April 24): The FBM KLCI eked out limited gains at the midday break on Wednesday amidst choppy trade as pre-election jitters still appear to keep investor sentiment on tenterhooks ahead of polls on May 5.
At 12.30pm, the FBM KLCI added 2.14 points to 1,702.53.
Gainers led losers by 238 to 233, while 315 counters traded unchanged. Volume was 351.41 million shares valued at RM546.05 million.
The top gainers in the morning session included BAT, Dana Infra, DKSH, Nestle, Petronas Gas, Oldtown, Riverview, Aeon, UMW and BIMB.
The decliners included Aeon Credit, Keck Seng, Advanced Packaging, DiGi, Lafarge Malayan Cement, Tasek, Timecom, MISC, Hartalega and Shell.
The actives meanwhile included Nextnation, Astral Supreme, K-Star, CLIQ, DiGi, Maybank, MAS and Tiger Synergy.
Asian shares advanced on Wednesday, tracking global equities higher on the back of solid U.S. earnings, but the euro was pressured by soft German data underscoring the still-fragile state of the euro zone economy, according to Reuters.
The positive tone in global equities markets despite several sluggish manufacturing surveys around the world reflected investor views that weak economic data justifies central banks maintaining monetary stimulus -- encouraging investment in shares, it said.
Business & Markets 2013
Written by Surin Murugiah of theedgemalaysia.com
Wednesday, 24 April 2013 12:39
A + / A - / Reset
KUALA LUMPUR (April 24): The FBM KLCI eked out limited gains at the midday break on Wednesday amidst choppy trade as pre-election jitters still appear to keep investor sentiment on tenterhooks ahead of polls on May 5.
At 12.30pm, the FBM KLCI added 2.14 points to 1,702.53.
Gainers led losers by 238 to 233, while 315 counters traded unchanged. Volume was 351.41 million shares valued at RM546.05 million.
The top gainers in the morning session included BAT, Dana Infra, DKSH, Nestle, Petronas Gas, Oldtown, Riverview, Aeon, UMW and BIMB.
The decliners included Aeon Credit, Keck Seng, Advanced Packaging, DiGi, Lafarge Malayan Cement, Tasek, Timecom, MISC, Hartalega and Shell.
The actives meanwhile included Nextnation, Astral Supreme, K-Star, CLIQ, DiGi, Maybank, MAS and Tiger Synergy.
Asian shares advanced on Wednesday, tracking global equities higher on the back of solid U.S. earnings, but the euro was pressured by soft German data underscoring the still-fragile state of the euro zone economy, according to Reuters.
The positive tone in global equities markets despite several sluggish manufacturing surveys around the world reflected investor views that weak economic data justifies central banks maintaining monetary stimulus -- encouraging investment in shares, it said.
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