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Klse Investment Tips-KLCI climbs early Thursday as HL Bank, MISC progress

Klse Investment Tips: Optimism came back to key Asian markets after the firmer overnight close on Wall Street aroused speculator opinion as blue chips progressed on Bursa Malaysia drove by Hong Leong Bank and MISC. 



At 9.06am, the FBM KLCI was up 7.41 focuses or 0.4% to 1,842.34. Turnover was 101.37 million offers esteemed at RM46.28mil. There were 172 gainers, 72 failures and 125 counters unaltered. 

The market will shut toward the evening session in front of the Chinese New Year occasions on Friday. 

Asian stocks picked up on Thursday after Wall Street ignored solid US swelling information and surged, an illogical move that likewise observed the dollar stuck at two-week lows even as Treasury yields bounced in foresight of a faster pace of US loan cost climbs, Reuters revealed. 

MSCI's broadest file of Asia-Pacific offers outside Japan rose 0.4%. 

Australian stocks climbed 0.8% and South Korea's KOSPI progressed 1.1%. Japan's Nikkei bounced 1.1%. 

At Bursa, customer stocks were among the gainers. Settle bounced RM2.30 to RM119.60, BAT 60 sen to RM30.20 and Carlsberg 36 sen to RM17.02. 

Hong Leong Bank picked up 24 sen to RM18.44, MISC 16 sen to RM7.24 while BIMB picked up 15 sen to RM4.24. 

Supermax added 15 sen to RM2.35 and Globetronics 12 sen to RM6.34 while PPB Group rose 10 sen to RM17.60. 

Edgenta was the best washout, down 11 sen to RM2.27, Ajinomoto 10 sen to RM20.06 while Hartalega lost four sen to RM11.74.

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This post first appeared on Bursa Malaysian Intraday Stock Picks | KLSE Trading Signals | Intraday Recommendation, please read the originial post: here

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Klse Investment Tips-KLCI climbs early Thursday as HL Bank, MISC progress

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