Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Tenaga, Press Metal edge higher early Friday

KUALA LUMPUR: Petronas Gas, Tenaga Nasional and Press Metal helped shore up the FBM KLCI early Friday as financial specialist estimation steadied in accordance with key Asian markets. 



At 9.30am, the KLCI was up 1.58 focuses or 0.09% to 1,823.18. Turnover was 463.75 million offers esteemed at RM219.75mil. There were 229 gainers, 195 washouts and 276 counters unaltered. 

Asia stocks edged higher on Friday and were inside reach of record highs, despite the fact that misfortunes on Wall Street hindered the progress, while stresses over a conceivable US government shutdown weighed on the dollar, Reuters detailed. 

MSCI's broadest record of Asia-Pacific offers outside Japan included 0.1%. The list was balanced for a 1% pick up on the week, amid which it rode a surge in worldwide values and moved to a record high on Thursday. 

Refiners Hengyuan and Petron were the best gainers, bouncing back from the current offering weight. Hengyuan rose 32 sen to RM12.32 and Petron 26 sen higher at RM11.54. 

Be that as it may, the call warrants of Petron-CM fell 9.5 sen to 5.5 sen and Hengyuan-CO tumbled 7.5 sen to 7.5 sen. 

Among the KLCI stocks, Petronas Gas added 16 sen to RM17.48, Tenaga picked up 10 sen to RM15.70, Press Metal seven sen to RM5.65 and MISC six sen to RM7.50. 

KESM added 16 sen to RM20.20 and Hai-O 12 sen to RM5.21 while Tong Herr was up 10 sen to RM4.19. 

UMW OG propelled two sen to 36.5 sen in dynamic exchange while Sapura Energy added 2.5 sen to 78.5 sen. 

On the ringgit, OANDA Asia Pacific head of exchanging Stephen Innes said he didn't expect any amazements or noteworthy pushes forward of the end of the week as the Ringgit has been a mainstay of strength this week. 

"The business sectors are evaluating at about 70 % rate climb likelihood which recommends we could see an uptick in unpredictability right on time one week from now in front of the MPC meeting one week from now which will be a huge impact over the close term bearing. 

"Truth be told it's the day we've been working for as long as three months," he said. 

The ringgit was at 3.94 to the US dollar.

For more information please visit:

Stock Trading PicksKlse Stock SignalsKlse Stock PicksKLSE Stock RecommendationKlse Stock Tips



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

Share the post

Tenaga, Press Metal edge higher early Friday

×

Subscribe to Bursa Malaysian Intraday Stock Picks | Klse Trading Signals | Intraday Recommendation

Get updates delivered right to your inbox!

Thank you for your subscription

×