KUALA LUMPUR (Feb 16): The main index of Bursa Malaysia pared some of its gains in the mid-morning today against a backdrop of firm regional markets.
At 10.10am, the FBM KLCI had risen 1.40 points to 1,609.47. The index earlier rose to a high of 1,612.04.
Losers led gainers by 449 to 419, while 435 counters traded unchanged. Trading volume was 3.52 billion shares valued at RM1.44 billion.
The gainers included Genetec Technology Bhd, Heineken Malaysia Bhd, Widetech (Malaysia) Bhd, Ark Resources Holdings Bhd, Sapura Industrial Bhd, Hengyuan Refining Company Bhd and Malaysian Pacific Industries Bhd.
The actively traded stocks included DGB Asia Bhd, ARB Bhd, Dagang NeXchange Bhd (DNeX), Luster Industries Bhd and Fintec Global Bhd.
The main index of Bursa Malaysia extended its gains in early trade on Tuesday, tracking the advance in regional markets. At 9.05am, the FBM KLCI was up 1.38 points to 1,609.45.
KUALA LUMPUR (Feb 16): While the glove stocks are trying hard to regain lost ground after falling off the peaks, the technology stocks on Bursa Malaysia, which are primarily involved in semiconductor-related business, however, continue their hike to record fresh highs.
Reaching fresh peaks has become a daily affair among some tech stocks in recent months amid news that the semiconductor industry is facing a happy problem supply growth could not keep pace with the strong surge in demand. The auto industry is one of them currently suffering from severe semiconductor chip shortage.
Tech stocks that have gained less than 30% year to date would have been considered laggards among their peers. The best performers which have chalked up at least 40% gain since the start of the year are UWC Bhd, Malaysian Pacific Industries Bhd (MPI), Unisem (M) Bhd, and Greatech Technology Bhd.
KUALA LUMPUR (Feb 16): The main index of Bursa Malaysia held its position above the 1,600-point threshold against a backdrop of strong regional markets.
At 12.30pm, the FBM KLCI had added 3.11 points to 1,611.18. The index earlier rose to a high of 1,613.01.
Gainers led losers by 532 to 278, while 708 counters traded unchanged. Trading volume was a brisk 8.28 billion shares valued at RM3.07 billion.
The gainers included Genetec Technology Bhd, Heineken Malaysia Bhd, BLD Plantation Bhd, Widetech (Malaysia) Bhd, Petronas Chemicals Group Bhd (PetChem), Malaysia Smelting Corp Bhd, Dataprep Holdings Bhd and Ark Resources Holdings Bhd.
The actively traded stocks included DGB Asia Bhd, ARB Bhd, Dataprep, Dagang NeXchange Bhd (DNeX), Lambo Group Bhd, Key Alliance Group Bhd and Pegasus Heights Bhd.
Technology-related counters, primarily of semiconductor manufacturers, continued to press forward on the first trading day after the Lunar New Year break. At 11:30am, shares in Vitrox Corp Bhd, Genetec Technology Bhd, Malaysian Pacific Industries Bhd (MPI), KESM Industries Bhd and Pentamaster Corp Bhd were among the local bourse's top gainers.