KLCI closed higher on follow-through buying momentum 10th June 2009

The local bourse closed Wednesday’s session broadly firmer on follow-through buying interest, in tandem with the strong showing in regional markets.

At 5pm, the KLCI gained 11.18 points or 1.04% to close at 1,082.97. Singapore’s Straits Times Index added 1.85% to 2,391.44.
Tokyo’s Nikkei 225 gained 2.09% to 9,991.49 while Hong Kong’s Hang Seng Index climbed 4.03% to 18,785.66.

Shanghai’s A share index was 1.02% higher at 2,816.25 and Seoul’s Kospi Index advanced 3.14% to 1,414.88. At Bursa Malaysia, 613 counters were up, 144 were down while 191 others were traded unchanged. There were 2.21 billion shares done with a total value of RM1.83 billion.

Bank stocks, Maybank gained 20 sen to RM5.65, BCHB and Public Bank added 5 sen each to RM9.00 and RM8.85 while Hong Leong Bank was unchanged at RM5.75.
Among top active counters, KNM rose 2 sen to RM1.05, Transmile climbed 23 sen to RM1.55 while Zelan was 10 sen higher at RM1.07.

Water infrastructure players Ranhill gained 15 sen to RM1.13 while Kumpulan Perangsang Selangor was up 36 sen to RM2.14.
Petronas Gas lost 10 sen to RM9.70, DIGI added 20 sen to RM21.80, Tanjong dropped 10 sen to RM13.00, Berjaya Land gained 20 sen to

RM3.98 and UM Land was 6 sen lower at RM1.30. Measat advanced 28 sen to RM2.02 while Astro was unchanged at RM3.18. TNB and Telekom were unchanged at RM7.90 a

Nymex crude oil added US$1.39 to US$71.40 per barrel.
Crude palm oil third-month futures climbed RM21 to RM2,486 per tonne.
The ringgit was quoted at 3.498 to the US dollar.