Heavyweights on the rise. The FBM KLCI advanced nearly 10 points yesterday to end at 1515 points. Top gainers among the component stocks were Digi, KLK, BAT, Genting and AMMB. Despite the strong gain on the benchmark index, the broader market was very mixed, with 394 gainers against 374 losers. Today’s news headlines are Land & General enters into a conditional agreement to buy development land in Seremban for RM25m cash, while Boustead Holdings will acquire a 51% stake in MHS Aviation, which has a 10-year contract with Petronas Carigali to provide rotary wing aircraft, equipment and services. Overnight, stocks on the US market continued to creep up, with the Dow putting on 26 points while European markets were mixed. On the back of these developments, the FBM KLCI could strengthen further towards the key resistance of 1532 points today.
*Terkini – Jadual Seminar & Bengkel PUABUMI 2012
4 years ago