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Petronas Gas, KLCC lead blue chips higher

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Petronas Gas, KLCC lead blue chips higher  Empty Petronas Gas, KLCC lead blue chips higher

Post by hlk Wed 11 Dec 2013, 09:55

KUALA LUMPUR: Malaysia’s blue chips climbed in early Wednesday trade, with Petronas Gas, KLCC and PPB among the gainers amid mild profit taking of recent gainers including Telekom Malaysia.

At 9.12am, the FBM KLCI was up 1.3 points to 1,845.15. Turnover was 80 million shares valued at RM48.36. There were 108 gainers, 84 losers and 141 counters unchanged.

Hwang DBS Vickers Research (HDBSVR) said in its market outlook that the softer overnight close on Wall Street and global markets could prompt some profit taking.

It expected the KLCI to see some marginal retreat from its record high close as investors’ sentiments could be affected by external factors.

Petronas Gas was the top gainer, adding 50 sen to RM23 while KLCC added 11 sen to RM6.01 and PPB Group 10 sen to RM15.48.

Pharmaniaga rose 13 sen to RM4.62, Berjaya Auto 10 sen to RM1.77 while Focal Aims added nine sen to RM2.99.

Public Bank foreign fell 12 sen to RM18.40 but with only 100 shares done. Sarawak Oil Palms lost nine sen to RM6.40 and TM seven sen lower at RM5.53 while MAHB and Puncak shed five sen each to RM8.95 and RM3.37.
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