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apple developer account:KLCI pares some of it gains, up 2.73 points

admin2020-12-2931

KUALA LUMPUR: The FBM KLCI pared some of its gains at closing on Monday, as some mild profit-taking signs emerged on the local bourse. At closing, the 30-stock index added 2.73 points to 1,643.9 after opening 1.06 points higher at 1,642.23. The index had earlier climbed to a high of 1,655.96 and fell to a low of 1,639.92. There were 701 gainers, 549 losers and 407 counters unchanged. Turnover stood at 8.71 billion valued at RM3.9bil. In today’s session, 15 of the KLCI-component stocks chalked up gains while nine counters fell and six counters closed unchanged. Dealers said news on the US stimulus package boosted investor sentiment coupled with upbeat data from China. Reuters reported that US President Donald Trump on Sunday signed into law a US$2.3 trillion pandemic aid and spending package, restoring unemployment benefits to millions of Americans and averting a federal government shutdown in a crisis of his own making. Brent crude advanced 36 cents, or 0.7%, to US$51.65 a barrel while US West Texas Intermediate rose 38 cents to US$48.61. Ringgit rose 0.23% to 4.0510 against the US dollar. At Bursa Malaysia, KESM added 72 sen to RM13.16, Malaysia Airports rose 48 sen to RM5.98, Ajinomoto gained 44 sen to RM15.80 and Hong Leong Financial Group advanced 42 sen to RM18.02. Among the steel stocks, Malaysia Steel Works jumped 34.58%, or 18.5 sen to 72 sen, its highest in over two years. Melewar added 25 sen to 58.5 sen, Mycron rose 24.5 sen to 71 sen and Lion Industries gained 11 sen to 74 sen, its highest since mid-2018. Among the banks, Maybank rose 10 sen to RM8.54, Public Bank jumped 22 sen to RM20.78, CIMB added 11 sen to RM4.30 and Hong Leong Bank gained 12 sen to RM18.60. Among the key regional markets:Japan’s Nikkei 225 added 0.74% to 26,854.03;Hong Kong’s Hang Seng Index fell 0.27% to 26,314.63;CSI 300 rose 0.44% to 5,064.41;Taiwan’s Taiex added 1.06% to 14,483.07;South Korea’s Kospi gained 0.06% to 2,808.60 andSingapore’s Straits Times Index fell 0.05% to 2,840.57.
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