Firm start for blue chips, DiGi, Tanjong lead

KUALA LUMPUR: Blue chips started the new week on a firm note, led by Nestle, DiGi and Tanjong in early trade Monday, in line with the firmer major regional markets.

At 10am, the KLCI was up 5.93 points to 1,235.28. Turnover was 49 million shares valued at RM110mil. There were 143 gainers, 112 losers and 140 counters unchanged.

Hong Kong’s Hang Seng Index opened 1.04% higher at 22,827.80. Japan’s Nikkei 225 rose 1.46% to 14,177.71, Singapore’s Straits Times Index 1.19% higher at 3,014.94 but Shanghai’s A Share Index fell 1.68% to 2,958.34.

Oil was trading at US$134.15 (RM439.54) per barrel and the ringgit quoted at RM3.2765 to the US dollar.

At Bursa Malaysia, Nestle rose 25 sen to RM29.50 while DiGi, Tanjong anf KNM added 20 sen each to RM24.20, RM15.20 and RM6.45 respectively.

Plantation related counters rose, with Sime Darby and Asiatic up 10 sen each to RM9.30 and RM8.35. Kulim rose 10 sen to RM9.50 while related company QSR added seven sen to RM2.30.

Bintulu Port and MPI fell 20 sen each to RM6.30 and RM7 respectively while Tenaga shed five sen to RM8.40.

By JOSEPH CHIN
The Star

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