Kuala Lumpur, Apr 20–Bursa Malaysia closed broadly higher on Wednesday with positive market breadth. The overnight Wall Street rallied amid the news of positive corporate earnings albeit the optimism might be short-term and cautious in nature. Most of the major Asia-Pacific market closed mixed today, even those ended in positive territory were in cautious optimism. The subdued optimism could be read as the disappointment over the People’s Bank of China’s inaction on its interest rate i.e. one-year loan prime rate unchanged at 3.70% and its five-year loan prime rate unchanged at 4.60%.
** FTSE BM KLCI up 12.61 points or 0.80% at 1,593.75.
** The FTSE BM KLCI opened at 1,585.82 . The index fluctuated between 1,584.87 – 1,597.07.
** 573 counters are gainers, 411 counters are unchanged, while 386 counters are losers.
** Total volume of 3,111,788,800 recorded; while Turnover of RM2,602,800,617 .
** The Top 5 Gainers : KLK (28.02, +1.12) ; BKAWAN (27.48, +0.76) ; PETDAG (21.90, +0.70) ; PMBTECH (18.94, +0.44) ; UTDPLT (16.50, +0.32)
** The Top 5 Losers : F&N (22.08, -0.72) ; AJI (14.50, -0.26) ; TM (4.83, -0.17) ; HONGSENG-WA (2.36, -0.15) ; HSI-CJC (0.865, -0.145)
** The Top 5 Most Active Stocks : MNC (0.025, -0.01) ; CENGILD (0.50, +0.035) ; TWL (0.095,UNCHANGED) ; PPJACK (0.52, -0.02) ; PERMAJU (0.096, +0.006)
** Singapore’s Straits Times Index (STI) rose 31.86 points or +0.96% to 3,338.99 ; Hong Kong’s HSI shed 83.09 points or -0.40% at 20,944.67; Japan’s Nikkei 225 up 232.09 points or +0.86% at 27,217.85; and Korea’s KOSPI dropped 0.20 points or -0.0074% to 2,718.69; Shanghai’s SSE Index dropped 42.98 points or -1.35% at 3,151.05; Australia’s All Ordinaries up 1.70 points or +0.0022% to 7,869.60
