The local bourse ended Monday’s trade in positive territory in tandem with the region’s stock markets following renewed hopes that the global economy was in recovery mode after China’s factory orders rose in May.
The KLCI surged 1.69% to close at 1,061.80. At Bursa Malaysia, there were 424 gainers, 235 losers while 205 counters were traded unchanged. There were 1.61 billion shares done at RM1.68 billion.
Among the gainers, Maybank rose 25 sen to RM5.30, MISC-foreign added 35 sen to RM8.50, SP Setia gained 32 sen to RM4.08. Plantation stocks PPB climbed 60 sen to RM11.10, Sime fell 10 sen to RM7.10 and Sungei Bagan dropped 15 sen to RM2.25. TNB lost 25 sen to RM7.90, Shell gained 30 sen to RM11.20 and Scomi was 2.5 sen higher at 71.5 sen.
BAT advanced RM1 to RM44.00, DiGi dropped 40 sen to RM22.80 and Dutch Lady fell 20 sen to RM10.60.
Nymex crude oil climbed US$1.88 to US$68.19 per barrel.
Crude palm oil rose RM77 to RM2,637 per tonne. The ringgit was quoted at 3.471 to the US dollar.
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