CIMB, Maybank Lift KLCI, CPO Climbs To RM4,146 by admin- Tuesday, March 16th, 2021 08:48:21 AM
CIMB and Maybank helped carry the FBM KLCI at noon on Monday while crude palm oil persevered to climb higher and the ringgit firmed up in opposition to the US dollar.
At 12.30pm, the KLCI become up four.86 points or 0.3% to at least one,620.55. Turnover became 5.876 billion stocks valued at RM2.68bil. The broader marketplace was blended with 566 gainers, 508 losers and 508 counters unchanged.
Key Asian markets have been combined with Japans’ Nikkei 225 up 0.07% and Hong Kong’s Hang Seng Index 0.58% however China’s Shanghai Composite fell zero.61%, Taiwan’s Taiex 0.1% lower. South Korea’s Kospi shed zero.17% however Singapore’s Straits Times Index edged up 0.31%.
The ringgit firmed up 0.06% in opposition to the United States dollar to four.1160.
Among the banks, CIMB rose 9 sen to RM4.Fifty six and delivered 1.38 points to the KLCI while Maybank brought six sen to RM8.Forty six and 1.05 factors, Hong Leong Bank 12 sen to RM19.14 but Public Bank shed sen to RM4.30 and RHB Bank three sen decrease to RM5.48.
CPO for 0.33 month rose RM21 to RM4,146 according to tonne. Sime Plantation rose 3 sen to RM4.90, KL Kepong six sen to RM23,18 even as PPB Group and IOI Corp were flat at RM18.70 and RM4.23.
As for telcos, Axiata and Digi rose sen each to RM3.76 and RM3.Sixty seven, Maxis eight sen to RM4.61 and TM four sen to RM6.07.
Tenaga fell 14 sen to RM10.66 and erasing 1.23 points from the KLCI, snapping its recent rally but Genting rose 14 sen to RM5.24 and GentingM six sen to RM3.18 because the mass vaccinations got underway.
As for glove makers, Top Glove rose two sen to RM5.22, Supermax one sen to RM4.09 however Hartalega shed sen to RM9.70.
US mild crude oil rose fifty five cents to US$sixty six.Sixteen and Brent 52 cents to US$69.74.Petronas Gas edged up six sen to RM15.88, Petronas Chemicals five sen to RM8.32 however Petronas Dagangan misplaced 10 sen to RM20.20. Dialog slipped one sen to RM3.26.
HL Industries became the top gainer of the morning, adding 32 sen to RM9.85. Dataprep rebounded 31 sen to RM3.47 and Cheetah 31 sen to RM3.47.
MPI fell the maximum, down fifty two sen to RM36.Sixty six, Greatec forty six sen to RM5.17, Genetec 44 sen to RM5.26 and Pentamaster 34 sen to RM5.38.