KUALA LUMPUR (Feb 15): The main index at Bursa Malaysia pared some of its gains at mid-morning today against the backdrop of record-high regional markets.
At 10am, the FBM KLCI was up 11.82 points to 1,611.24. The index had earlier risen to a high of 1,614.92.
Gainers led losers by 610 to 263, while 401 counters traded unchanged. Trading volume was 2.3 billion valued at RM1.07 billion.
The gainers included Nestle (M) Bhd, Dutch Lady Milk Industries Bhd, Malaysian Pacific Industries Bhd, ViTrox Corp Bhd, UWC Bhd, PMB Technology Bhd, Central Global Bhd and KESM Industries Bhd.
The actively traded stocks included Dagang NeXchange Bhd, Luster Industries Bhd, DGB Asia Bhd, QES Group Bhd, Sapura Energy Bhd, Velesto Energy Bhd and Iris Corp Bhd.
KUALA LUMPUR (Feb 15): The main index at Bursa Malaysia held on to the 1,600 threshold at the midday break Monday despite paring some of its gains, against the backdrop of firm regional markets.
At 12.30pm, the FBM KLCI was up 9.89 points to 1,609.31. The index had earlier risen to a high of 1,614.92.
Market breadth was positive with 538 gainers and 234 losers, while 727 counters traded unchanged. Trading volume was 5.56 billion shares valued at RM2.56 billion.
The top gainers included Nestle (M) Bhd, Dutch Lady Milk Industries Bhd, Genetec Technology Bhd, ViTrox Corp Bhd, UWC Bhd, PMB Technology Bhd, Grand Hoover Bhd, Malaysian Pacific Industries and Central Global Bhd.
KUALA LUMPUR (Feb 15): The FBM KLCI kicked off the first trading day after the Lunar New Year break, with a gain of 0.54% or 8.65 points to settle at 1,608.07. The local benchmark index climbed after constituents MISC Bhd, RHB Bank Bhd and Genting Malaysia (GenM) posted gains.
THE former Sinalco and Kickapoo Joy Juice bottling factory site in Petaling Jaya’s Section 13 is believed to have set a new record for industrial land transactions in the area following its sale to a Penang-based property developer.
Singapore-based National Aerated Water Co (KL) Sdn Bhd has disposed of the site to GSD Land (M) Sdn Bhd for RM46 million, according to sources. The deal works out to RM514 psf a new high for industrial land transactions (now zoned for mixed commercial) in the area. Real estate agents say the deal was agreed upon prior to the Covid-19 outbreak.
The bottling plant, which ceased operations over a decade ago, sits on 2.06 acres or 89,560 sq ft of leasehold land. Called Lot 54, it was put up for sale in late 2019 with 41 years remaining on the lease, now reduced to 39 years come April.
At 10.01am, the FBM KLCI was down 11.40 points at 1,615.61.
Market breadth was tepid with 551 losers and 311 gainers, while 354 counters traded unchanged. Trading volume was 1.73 billion shares valued at RM840.78 million.
The top losers included Nestle (Malaysia) Bhd, Heineken Malaysia Bhd, Kuala Lumpur Kepong Bhd (KLK), Euro Holdings Bhd, PPB Group Bhd, Hong Leong Bank Bhd (HLB), Asia File Corp Bhd, Malaysia Airports Holdings Bhd (MAHB) and Hong Leong Capital Bhd.
The actively traded stocks included Pegasus Heights Bhd, XOX Bhd, PNE PCB Bhd, Kanger International Bhd and AT Systematization Bhd.
The gainers included Malaysian Pacific Industries Bhd, Kobay Technology Bhd, JF Technology Bhd, PMB Technology Bhd, UWC Bhd, Dutch Lady Milk Industries Bhd and G3 Global Bhd.