KLCI closed 0.81% higher @ 1063.97 June 04 2009

The local bourse closed Thursday’s trade in positive territory bucking the trend in the region, which saw a number of indices in the red following less-than-optimistic news from China, Japan and South Korea. The KLCI gained 0.81% to close at 1,063.97. At Bursa Malaysia, 366 counters were up, 221 were down while 224 others were traded unchanged.
There were 1.30 billion shares done with a total value of RM1.26 billion.

Among bank stocks, Public Bank-foreign climbed 25 sen to RM8.90, Maybank added 5 sen to RM5.50, BCHB gained 10 sen to RM8.65 and Alliance Financial dropped 6 sen to RM2.12.

Plantation stocks Sime gained 5 sen to RM6.95, IOI added 4 sen to RM4.64, PPB rose 20 sen to RM11.30, United Plantation was 20 sen higher at RM12.80 and Batu Kawan lost 10 sen to RM8.80.
Water infrastructure players Salcon gained 4 sen to 59 sen while Jaks was up 4.5 sen to 99.5 sen.

Among oil and gas counters, SAAG was traded unchanged at 36.5 sen and KNM gained 3.5 sen to RM1.02. TNB rose 25 sen to RM7.80 and Shell dropped 10 sen to RM10.50.
Nymex crude oil added 93 cents to US$67.05 per barrel.
Crude palm oil third-month futures dropped RM17 to RM2,558 per tonne.
The ringgit was quoted at 3.489 to the US dollar.