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CIMB, Hock Seng Lee, Sapura Energy, Pan Malaysia Corp, DNeX, KPower, Yinson, United Malacca, AirAsia, Latitude Tree, Hextar Global

CIMB, Hock Seng Lee, Sapura Energy, Pan Malaysia Corp, DNeX, KPower, Yinson, United Malacca, AirAsia, Latitude Tree, Hextar Global
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

KLCI closes 1 2% higher on gains in banking, glove and energy stocks

KUALA LUMPUR (March 5): The FBM KLCI bucked the regional trend to close higher, boosted by the positive performance of banking stocks and a rebound in glove counters. The index was back above the 1,600 mark, closing at 1,600.12 for a gain of 18.86 points or 1.19% from yesterday. Rakuten Trade Research head of equity sales Vincent Lau said market sentiment was buoyed by buying interest in banking stocks. Sentiment was also lifted by bargain hunting among rubber glove stocks after the selldown yesterday, Lau told theedgemarkets.com. Also contributing to the market’s positive performance was renewed buying of oil and gas (O&G) stocks on the back of an increase in oil prices after Saudi Arabia and its OPEC+ allies extended their production cuts.

KLCI rises 0 77% as select blue chips led by Tenaga lift

KLCI rises 0 77% as select blue chips led by Tenaga lift
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

KLCI pares gains as regional markets dip

KUALA LUMPUR (Feb 23): The main index at Bursa Malaysia pared some of its gains at mid-morning today, as regional markets dipped. At 10.10am, the FBM KLCI was up 4.51 points to 1,574.97. The index had earlier risen to a high of 1,580.68. Gainers led losers by 455 to 392, while 444 counters traded unchanged. Trading volume was 3.62 billion shares valued at RM1.49 billion. The top gainer was newly-listed Mobilia Holdings Bhd, Panasonic Manufacturing Malaysia Bhd, Pimpinan Ehsan Bhd, Heineken Malaysia Bhd, Hengyuan Refining Company Bhd, Petronas Gas Bhd, Industronics Bhd, Hap Seng Consolidated Bhd and Padini Holdings Bhd. The actively traded stocks included AirAsia X Bhd, Mobilia, DGB Asia Bhd, Dynaciate Group Bhd, AirAsia Group Bhd, Velesto Energy Bhd, Key Alliance Group Bhd and Hubline Bhd.

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