KLCI Market Summary - 09 Feb, 2015

Market Review for KLCI

Top Gainers & Losers

KLCI to trend upward on anticipation of higher market

• The FBM KLCI is expected to trend higher today on rising risk-raking sentiment and anticipation of a higher market.
• It said under the strong supportive buying interest, the benchmark index kept its position firm throughout the trading sessions before settling near the day’s high at 1,813.25 (+ 10.04 , + 0.56%).KLCI edges up as select blue chips lift

• The FBM KLCI edged up in early trade on Monday despite the tepid sentiment at most regional markets. At 9am, the FBM KLCI gained 2.37 points to 1,815.62.
• The top gainers of the day included Nestle (M) Bhd, Public Bank Bhd, Pos Malaysia Bhd, Tenaga Nasional Bhd, Petronas Dagangan Bhd, Guiness Anchor Bhd, Petronas Gas Bhd and Vitrox Corporation Bhd.

KLCI falls on profit taking,according to China data

• The FBM KLCI fell 0.1% or 1.76 points on profit taking as Asian investors reacted to weaker China economic data. At 12.30pm, the KLCI settled at 1,811.49 points. The KLCI had earlier traded at an intraday high of 1,818.31.
• The KLCI reached 1,818.31 points in early trade and dipped down to a low of 1,805.26 points. The suspicion is that some investors started to take profit early in the day after global oil price increased.

• Top gainers included United Plantations Bhd ( Financial Dashboard), Nestle (M) Bhd ( Financial Dashboard), and LPI Capital Bhd ( Financial Dashboard). Top decliners included Tasek Corp Bhd ( Financial Dashboard) Petronas Gas Bhd and Tasek Corp Bhd
• Asia Bioenergy Tech Bhd, TMC Life Sciences Bhd and Barakah Offshore Petroleum Bhd ( Financial Dashboard) were the most-actively traded stocks on the exchange.

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