April 17, 2009

KL stocks flat in early trade

MALAYSIAN shares were flat in early trade today as most investors have yet to enter the market. Most blue chips were at their overnight prices, dealers said. At 9.29am, the benchmark Kuala Lumpur Composite Index (KLCI) edged up 0.48 of a point to 961.76.

The CI opened 2.64 points higher at 963.92 compared to Thursday's close of961.28. The Finance Index rose 14.41 points to 7,379.84, the Industrial Index added 2.15 points to 2,227.06 and the Plantation Index edged up 0.71 of a point to 4,925.12.

FBMEmas advanced 6.54 points to 6,340.88,the FBM30 was 11.26 points higher at 6,150.11, the FBM2BRD rose 9.19 points to 4,118.14 while the FBM-MDQ declined 13.7 points to 3,373.97. Gainers led losers by 122 to 109 while 139 counters were unchanged, 874 untraded and 39 other suspended.

Volume was 162.071 million shares valued at RM99.796 million. Among the actives, KNM edged up one sen to 54 sen, Minply Holdings was unchanged at 35 sen while Palette Multimedia added half sen to five sen. Most heavyweights were at their overnight prices -- Maybank stood at RM4.38, Tenaga at RM6.90, Bumiputra-Commerce at RM7.85 and IOI Corporation at RM4.26. Sime Darby gained five sen to RM6.40. -- Bernama