FBM KLCI adds 1 point at mid-morning

Written by Surin Murugiah
Thursday, 08 October 2009 10:16

KUALA LUMPUR: The FBM KLCI added 1.03 points to 1,219.64 at 10am today, in line with most regional markets. Trading volume however was thin with 165.27 million shares valued at RM160.21 million.

Gainers edged losers by 200 to 119 while 156 counters traded unchanged.

Among the top gainers this morning were KPJ that added 19 sen to RM4.76, Paragon up 14.5 sen to 45 sen, QSR up 10 sen to RM3.72 while Mudajaya and MPI added 7 sen each to RM3.63 and RM5.65, respectively.

Ajiya rose 11 sen to RM1.57. The company posted a net profit of RM7.5 million for the third quarter (3Q) ended Aug 31, 2009, up 6% from RM7.04 million a year earlier, due to an increase in sales of higher value-added products.

Dialog gained 8 sen to RM1.33 after it proposed a special share dividend of one treasury share for every 50 shares held, amounting to 27.71 million treasury shares, to be distributed for the financial year ended June 30, 2009.

Astro was up 3 sen to RM3.40. The pay-TV operator retained its exclusive rights to broadcast the 2010/2013 Barclays Premier League (BPL) in Malaysia.

Glove makers Kossan and Top Glove continued to advance on analysts' views that the sector is set to benefit from the increasing demand for rubber gloves due to the Influenza A(H1N1) outbreak. Kossan gained 9 sen to RM4.61 while Top Glove added 8 sen to RM8.05.

Pacificmas was the top loser at mid-morning and fell 37 sen to RM3.53. Esso and Hai-O lost 5 sen each to RM2.59 and RM6.40, D'Nonce and Tracoma fell 4.5 sen each to 25.5 sen and 19 sen while Silver Bird lost 4 sen to 63 sen.

KNM Group was the most actively traded stock with 18.4 million shares done. It was unchanged at 80 sen. Other active counters include Time, Timecom, Dialog, UEM Land, Scomi and MRCB.