October 16, 2009

Mild profit taking

Written by Joseph Chin
Thursday, 15 October 2009 12:57

KUALA LUMPUR: Mild profit taking saw the FBM KLCI slipping to the 1,250 level at the midday break on Thursday, Oct 15 but sentiment was still firm, supported by gains in Bursa, Hong Leong Financial Group and Hong Leong Bank.

At 12.30pm, the FBM KLCI rose 3.41 points to 1,250.25. There were 822.91 million units traded valued at RM764 million. There were 360 gainers, 295 losers and 250 stocks unchanged.

Japan's Nikkei 225 rose 1.52% to 10,231.02, Shanghai's Composite Index 0.25% higher at 2,977.99, Hong Kong's Hang Seng Index added 0.9% to 2,2081.5. Singapore's Straits Times Index was 0.49% higher at 2,721.71.

Bursa rose the most, adding 28 sen to RM8.47, HLFG 22 sen to RM6.06, HL Bank 18 sen to RM7.09 while among PLANTATION []s, KL Kepong advanced 18 sen to RM14.38, Batu Kawan 13 sen to RM9.97 and Golsta 12.5 sen to 36 sen.

Three-A continued to surge, rising 17 sen to RM1.59, following its announcement last week about its tie-up with Wilmar.

KNM was the most active with 64.3 million shares done, rising 0.5 sen to 85 sen. Sern Kou fell 11.5 sen to 49 sen with 32.9 million shares done.

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Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;

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