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23-07-2008: KLCI up 13.5 points at 10am

‘AirAsia Bhd was the most actively traded counter with 6.68 million shares done. The counter added three sen to 94.5 sen. Other actively traded stocks included Borneo Oil Bhd, Gamuda Bhd and MK Land Holdings Bhd.’

PETALING JAYA: The Kuala Lumpur Composite Index (KLCI) rose 13.5 points to 1,123.07 at 10am, led by gains at key blue chips including DiGi.Com Bhd and finance counters, in line with advances made at key regional markets after Wall Street closed higher overnight.

The Dow Jones Industrial Average rose 1.18% or 135.16 points to 11,602.5 points after crude oil prices fell more than US$3 (RM9.81) per barrel to settle at US$127.95 on the New York Mercantile Exchange.

At Bursa, gainers led losers by 217 to 70, while 120 counters traded unchanged. A total of 90.57 million shares valued at RM129.58 million were traded.

The top gainer this morning was British American Tobacco (Malaysia) Bhd which rose 50 sen to RM41, followed by DiGi which added 30 sen to RM23.90.

DiGi yesterday reported a 19.2% increase in its 2Q08 net profit to RM298.4 million and declared an interim dividend of 57 sen per share.

JT International Bhd, which announced a capital repayment totalling RM196 million or 75 sen per share, rose 26 sen to RM4.48.

Other gainers this morning included Bumiputra-Commerce Holdings Bhd and Far East Holdings Bhd, which added 25 sen each to RM8.05 and RM7.30, respectively, while Tanjong Plc and Public Bank Bhd gained 20 sen each to RM12.50 and RM10.30, respectively.

Genting Bhd and Bursa Malaysia Bhd also advanced 20 sen each to RM5.50 and RM6.65, respectively.

The top loser this morning was Malaysian Pacific Industries Bhd which fell 35 sen to RM6.70, followed by Asdion Bhd which lost 23.5 sen to 15 sen, Atrium Real Estate Investment Trust down 11.5 sen to 76.5 sen and Sinora Industries Bhd down 11 sen to 79 sen.

Kuala Lumpur Kepong Bhd and CB Industrial Product Holding Bhd fell 10 sen each to RM13.60 and RM3.54, respectively.

AirAsia Bhd was the most actively traded counter with 6.68 million shares done. The counter added three sen to 94.5 sen. Other actively traded stocks included Borneo Oil Bhd, Gamuda Bhd and MK Land Holdings Bhd.

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