KUALA LUMPUR: Blue chips climbed early Monday drove by Hong Leong Bank following an unstable week while unrefined petroleum costs climbed however whether the business sector can clutch the additions stays to be seen in front of the national banks gatherings this week.
At 9.24am, the KLCI was up 3.08 focuses or 0.19% to 1,656,07. Turnover was 117.91 million shares esteemed at RM103.82mil. There were 195 gainers, 130 washouts and 209 counters unaltered.
Hong Leong Investment Bank (HLIB) Research said reflecting a week ago's example, it expects offering weight on Bursa Malaysia to win as financial specialists anticipate further pieces of information from the key national banks' survey.
"Opinion will stay wary in the midst of sliding oil costs, debilitating Ringgit and vulnerability in front of the Nov 8 US presidential decision," it said.
Reuters reported alert grasped Asian shares on Monday in front of national bank gatherings in the United States and Japan this week, while oil costs bobbed on discuss an Opec bargain on yield and reports of battling around Libyan oil ports.
MSCI's broadest list of Asia-Pacific shares outside Japan was level, while South Korea edged up 0.1%. Liquidity was further sapped by an occasion in Japan.
Brent unrefined rose 66 pennies to US$46.43 a barrel while US rough added 65 pennies to US$43.68.
Age Credit climbed the most, up 38 sen to RM14.58, Magni-Tech added 22 sen to RM4.37, Pos Malaysia 16 sen to RM3.56 while Hong Leong Bank increased eight sen to RM12.90.
MSC propelled nine sen to RM3.19. Maypak hopped seven sen to 64.5 sen after the amended takeover offer.
Hiap Teck was the most dynamic with 10.3 million shares done, up one sen to 31.5 sen, CSC Steel added three sen to RM1.91.
Time dotCom fell the most, slipping 61 sen to RM87.81, Genting Plantations and Top Glove lost six sen each to RM10.90 and RM4.63.
Among the KLCI stocks, PPB Group lost 10 sen to RM15.92, Petronas Chemicals eight sen to RM6.51 and Digi seven sen lower at RM4.89.
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