FBM KLCI extends winning streak for fourth session


KUALA LUMPUR: The FBM KLCI extended its winning streak for the third day on Wednesday, supported by continuous buying support in heavyweights.

The benchmark index closed up 6.6 points, or 0.47% to 1,398.06. It moved between 1,400.05 and 1,389.94 throughout the day.

Market breadth was positive as gainers outnumbered losers on a ratio of 490-to-347 stocks. Traded volumes stood at 2.81 billion shares valued at RM1.73bil.

Among the 30 FBM KLCI constituents, 23 stocks were higher; three were lower while four traded flat.

Dutch Lady and Hextar Technologies were among the top gainers on Bursa Malaysia, rising 96 sen and 62 sen respectively to RM21.30 and RM26.94, respectively.

Ajinomoto added 36 sen to RM15.36, Shangri-La rose 30 sen to RM2.59 and Quality Concrete gained 30 sen to 90 sen.

Heineken fell 48 sen to RM25.50, Kuala Lumpur Kepong shed 20 sen to RM22.74, Panasonic Manufacturing eased 20 sen to RM20 and Carlsberg lost 18 sen to RM20.20.

Meanwhile, the ringgit was quoted at 4.6532, up 0.12% against the US dollar.

US light crude oil rose 28 cents to US$75.11 and Brent added 25 cents to US$79.65 per barrel.

Elsewhere in the region, Japan’s Nikkei 225 fell 0.81%, Hong Kong’s Hang Seng Index rose 1.08%, South Korea’s Kospi closed up 0.48% and China’s Shanghai Composite Index eased 0.78%.

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KLCI , Bursa Malaysia , FBM KLCI

   

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