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Thursday, December 29, 2011

FBM KLCI close higher on positive gains



At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was up by 2.58 points or 0.17% to 1,506.69 amid positive gains in major regional markets.
Total volume of shares traded stood at 1.59 billion valued at RM1.16bil. Winners outnumbered losers by 492 to 254 while 335 counters remained unchanged.
Among the top gainers were British American Tobacco which put on 40 sen to RM49.60, Rock Chemical Industries added on 33 sen to RM1.80 and Cocoaland Holdings inched up 18 sen to RM2.18.
For the heavyweights, Axiata Group rose 6 sen to RM5.05, CIMB Groupwas up 6 sen to RM7.16, Public Bank added 6 sen to RM13.18 and Petronas gas rose 10 sen to RM15.20.
On the regional front, most major markets rebounded despite early jitters from the European Central Bank's surge in its balance sheet to a record 2.73 trillion euros (US$3.55 trillion) after last week's lending to 523 banks in the European Union.
The Nikkei 225 shed 0.29% to 8,398.89, the Hang Seng Index fell 0.65% to 18,397.92, the Shanghai Composite was up 0.16% to 2,173.56, the Taiwan Taiex Index added 0.26% to 7,074.82, the Kospi Index was up by 0.03% to 1,825.74 and the Straits Times Index rose 0.24% to 2,672.78.
The Nymex crude oil gained 30 cents to US$99.66 per barrel. Spot gold fell 5.32 cents to US$1,550.05 per ounce. The ringgit was quoted at 3.177 to the US dollar.

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