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Blue chips, improved sentiment lift KLCI

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Blue chips, improved sentiment lift KLCI Empty Blue chips, improved sentiment lift KLCI

Post by hlk Wed 21 Dec 2011, 19:00

Larger Smaller Reset KUALA LUMPUR (Dec 21): The FBM KLCI closed on a
firmer tone on Wednesday, tracking slightly improved global market
sentiment after upbeat U.S. and German data and strong demand for
Spanish debt.

The 30-stock index rose 19.81 points to close at 1,484.98, lifted by gains at blue chips.

Gainers led losers by 405 to 307, while 336 counters traded unchanged. Volume was 1.65 billion shares valued at RM1.32 billion.

At the regional markets, Japan's Nikkei 225 added 1.48% to 8,459.98,
Hong Kong's Hang Seng Index rose 1.86% to 18,416.45, Taiwan's Taiex
surged 4.56% to 6,966.48, South Korea's Kospi rose 3.09% to 1,848.41 and
Singapore's Straits Times Index was up 2.25% to 2,673.32.

Meanwhile, the Shanghai Composite Index reversed its earlier gains and fell 1.12% to 2,191.15.

On Bursa Malaysia, gainers included Genting that rose 26 sen to
RM10.62, KAF and HLFG up 24 sen each to RM1.72 and RM11.66, Tenaga 22
sen to RM5.72, BHIC 21 sen to RM3.39, Public Bank and AMMB 20 sen each
to RM13.20 and RM5.90, RHB Capital 19 sen to RM7.01 and WCT 18 sen to
RM2.29.

Among the decliners, MPI and Batu Kawan lost 14 sen each
to RM2.59 and RM17.06, Nestle, Tahps, JT International and Tradewinds
fell 12 sen each to RM56.18, RM4.28, RM6.88 and RM9.82, while Focus
Point and IGB lost 11 sen each to 28.5 sen and RM2.31.

Meanwhile, the actives included TMS, Utopia, Hibiscus, Hirotako, Sanichi, Maxbiz and Vastalux
hlk
hlk
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