Malaysia Stock Market
The FBM KLCI index gained 5.75 points or 0.31% on Tuesday. The Finance Index increased 0.49% to 18124.59 points, the Properties Index dropped 0.28% to 1154.75 points and the Plantation Index rose 0.17% to 8089.76 points. The market traded within a range of 4.42 points between an intra-day high of 1850.18 and a low of 1845.76 during the session. Actively traded stocks include HGBLOB, NWP, WEGMANS, SAPNRG, TRIVE, HUAAN, HENGYUAN-CM, HIBISCS, DGB-WA and DGB.
Trading volume increased to 2767.56 mil shares worth RM2779.78 mil as compared to Monday’s 2620.97 mil shares worth RM2405.07 mil. Leading Movers were NESTLE (+910 sen to RM137.00), PMETAL (+21 sen to RM5.18), MAXIS (+21 sen to RM5.91), KLCC (+26 sen to RM7.89) and YTL (+3 sen to RM1.41). Lagging Movers were ASTRO (-6 sen to RM2.35), GENM (- 12 sen to RM5.09), TM (-10 sen to RM5.62), PETDAG (-32 sen to RM25.18) and SIME (-3 sen to RM2.62). Market breadth was positive with 529 gainers as compared to 438 losers. The KLCI inched up and closed higher at 1848.37 points despite overnight mixed performance in US market. The performance of our local bourse was lifted by buying interest in heavy weight counters led by Nestle.