KUALA LUMPUR: Malaysian equities traded in the red after giving up marginal gains earlier in morning trade Monday, Dec 28 as regional stockmarkets advanced following positive updates on the US economy.
FBM KLCI rose as much as 0.44 of a point to 1,264.38 at 9.37am before declining to 1,263.88 at 9.48am, down 0.06 of a point.
Across the board, 125 stocks gained compared to 74 declining entities resulting in 49 million shares worth RM41 million done.
TIME ENGINEERING BHD [], the most active stock with 3.6 million shares traded, added 0.5 sen to 40.5 sen. Top gainer was KUMPULAN POWERNET BHD [] which rose 25 sen to 70 sen while the biggest decliner was DUTCH LADY MILK INDUSTRIES BHD [] which was down eight sen to RM11.62.
Regional stock indices advanced. Japan's Nikkei 225 rose 1.06% to 10,606.15 points, while China's Shanghai SE Composite added 0.5% to 3,156.99. Nearer to home, Singapore's Straits Times was up 0.42% to 2,849.66. Stockmarkets in Austalia and New Zealand are closed for national holidays.
Commodity prices gained. US crude oil for February 2010 rose nine cents to USD78.14 while spot prices for gold
advanced USD3.10 to USD1108.55.
The ringgit was traded at 3.4265 versus the US dollar, 4.9235 against the euro, 5.4626 against the pound sterling, 3.7415 versus the yen, and 2.4367 compared to the Singapore dollar.
About Me
- Nuang
- 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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