Kuala Lumpur, Apr 29 –Bursa Malaysia closed marginally higher ahead of the Labour Day and Eid Fitri long holidays. The FBM KLCI inched up slightly, cautiously consolidating at the 1,600 point level. The bellweathered index was lifted largely by the Energy index. The energy stocks gained due to the rebound in price of Brent crude futures. Elsewhere in the Asia Pacific region, Hang Seng index led the gains among the peers, closed 4.01% higher while Shanghai Composite also ended 2.41% higher. The surge in the China markets came after Chinese state media reported that officials promised more policy support to meet the country’s economic growth target for 2022 on Friday.
** the FTSE BM KLCI up 3.12 or 0.20% at 1,600.43.
** The FTSE BM KLCI opened at 1,602,02 . The index fluctuated between 1,595.78 – 1,605.02
** 566 counters are gainers, 448 counters are unchanged, while 390 counters are losers.
** Total volume of 2,817,813,800 recorded; while Turnover of RM2,067,836,790.
** The Top 5 Gainers : PETDAG (21.74,+1.12) ; HENGYUAN (5.81, +0.60) ; TOCEAN (2.82, +0.63) ; UTDPLT (15.70, +0.48) ; DLADY (34.00, +0.46)
** The Top 5 Losers : NESTLE (133.20, -2.50) ; FANG-2XL (7.84, -0.48) ; HSI-HEB (1.78, -0.46) ; HEIM (23.70, -0.40) ; HSI-HA9 (1.30, -0.33)
** The Top 5 Most Active Stocks :PUC (0.075, -0.036) ; TECHNAX (0.125, +0.005) ; MNC (0.03, +0.005) ; HSI-CQW (0.31, +0.095) ; YTL (0.635, +0.04)
** Singapore’s Straits Times Index (STI) rose 38.36 points or +1.15% to 3,373.45 ; Hong Kong’s HSI leapt 813.22 points or +4.01% at 21,089.39 ; and Korea’s KOSPI up 27.56 points or 1.03% to 2,695.05; Shanghai’s SSE Index rose 71.58 points or 2.41% at 3,047.06 ; Australia’s All Ordinaries climbed 82.40 points or 1.08% to 7,724.80.
