Malaysian Stock Market Posts Gains

Bursa Malaysia ended higher for the day with the benchmark index rising 3.22 points to 1,358.41., 386 were up, 345 were down while 279 remained unchanged. There were 999.6 million shares done at a total value of RM1.48 billion.

Among the heavyweights Axiata jumped 16 sen to RM4.31, Genting rose 5 sen to RM7.85 and DiGi added 22 sen to RM24.68.

Measat rose 27 sen to RM4.07, Petronas Dagangan added 23 sen to RM10.20 and Top Glove gained 15 sen to RM6.71.

Asian markets ended the day mostly higher.

Shanghai’s A share Index gained 0.55% to 2,648.12 and Japan’s Nikkei 225 slipped 0.59% to 9,696.02.

Singapore Straits Times Index added 0.41% to 2,997.65 and Hong Kong’s Hang Seng Index rose 0.01% to 21,093.82.

Nymex crude oil was 17 cents higher at US$77.16 per barrel.

Crude palm oil third-month futures was RM24 higher at RM2,519 per tonne.

The ringgit was quoted at 3.1865 to the US dollar.

THE HOT LIST

Hurricane Earl Hot List BUGS, FUEL, BCON, GV, Cat Bonds