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buy apple developer account :Firm start for Bursa as Public Bank, Tenaga boost sentiment

admin2021-01-0271

KUALA LUMPUR: Public Bank and Tenaga Nasional underpinned Bursa Malaysia’s strong start for the week on Monday, tracking the firmer key Asian markets, as progress on the Covid-19 vaccine boosted sentiment. At 9.21am, the FBM KLCI was up 10.52 points or 0.62% to 1,695.10. Turnover was 1.38 billion shares valued at RM801.60mil. There were 447 gainers, 412 losers and 378 counters unchanged. On the external front, Reuters reported stocks started a busy week with guarded gains as investors gauged the chance of added US fiscal and monetary stimulus. Progress on coronavirus vaccines cheered risk sentiment, with the first shipments speeding across the United States as part of an historic mission to innoculate more than 100 million people by the end of March. MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.1%, having hit a string of record highs last week. Japan's Nikkei added 0.4% as a survey showed the mood among hard-hit Japanese businesses had improved in the December quarter. At Bursa ast week, local retail investors drove the market higher, propelled by Public Bank’s four-for-one bonus issue. Foreign funds were net sellers at RM574.5mil and local institutions at RM142.6mil but the selling was well absorbed by local retailers at RM717.1mil. Last Friday, foreign funds were net sellers at RM45.5mil and local insitutions at RM41.2mil but again the selling was absorbed by local retail investors at RM86.7mil. Public Bank rose RM1 to RM22.90 and it saw 2.64 million shares done while LPI gained 24 sen to RM14.04. Tenaga climbed 26 sen to RM10.60 with 1.08 million shares traded. Carlsberg added 84 sen to RM23.12 and Heineken 42 sen to RM22.70 while Ajinomoto added 38 sen to RM15.68. Other gainers were KPower, up 34 sen to RM5.87, Scientex 28 sen to RM1.72 and JayCorp 28 sen also to RM1.72. Glove makers fell with Hartalega down 52 sen to RM13.20, Top Glove 31 sen to RM6.59, Kossan 30 sen to RM5.09 and Supermax 28 sen to RM7.28. As for tech related stocks, UWC was down 26 sen to RM8.72 and Greatec 21 sen to RM8.31.
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