Title: KL SHARES MARGINALLY HIGHER AT
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Blog Entry: a{TEXT-DECORATION:none} from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, July 16 (Bernama) -- Share prices on Bursa Malaysia ended the morning session today marginally higher with buying interest seen in selected lower liners as investors hailed the government's move to further rationalise subsidies, dealers said. At mid-day, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBMKLCI) rose 1.62 points to 1,335.7 with interest confined to mostly finance stocks. The key index, which moved between 1,332.68 and 1,336.27, had opened 0.22 of a point lower to 1,333.86. OSK Research said the local bourse took a breather after seven- days of a winning streak and is expected to consolidate further with immediate resistance seen at the 1,335 point-level. escort beijing The Finance Index improved 41.311 points to 12,089.99, the Plantation Index slipped 11.9 points to 6,287.48 and the Industrial Index declined 6.31 points to 2,653.17. The FBM Emas Index rose 15.18 points to 9,034.59, the FBM70 added 6.9 points to 9,068.69 while the FBM Ace Index dropped 36.75 points to 3,729.57. Advancers led decliners by 311 to 232 while 275 counters were unchanged, 550 untraded and 28 others suspended. escort beijing Volume stood at 400.416 million shares worth RM530.313 million. For the finance stocks, CIMB Group rose six sen to RM7.13, Public Bank gained eight sen to RM12.08, AMMB Holdings rose two sen to RM5.12 and Hong Leong added one sen to RM8.84. Among the actives, Time Engineering rose two sen to 43 sen, Scomi Group increased 2.5 sen to 41.5 sen and Scomi Marine was five sen higher at 55 sen. As for heavyweights, Maybank and Tenaga were both unchanged at RM7.69 and RM8.60 respectively, while Sime Darby shed one sen to RM7.83. Bursa Malaysia Bhd, which released its second quarter results today, was unchanged at RM7.01. The local bourse operator recorded a lower pre-tax profit of RM38.589 million in the second quarter ended June 30, 2010, compared to a pre-tax profit of RM48.339 million in the same quarter last year. Copyright escort beijing 2010 Bernama Christian Louboutin Shoes Christian Louboutin Shoes
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