Business

Published: Tuesday September 18, 2012 MYT 9:16:00 AM

KLCI opens higher, boost from Maybank, Maxis


KUALA LUMPUR: The FBM KLCI opened higher in early trade on Tuesday, underpinned by some buying of bank stocks including Maybank and Maxis.

At 9.02am, the KLCI was up 3.14 points to 1,646.09. Turnover was 30.11 million shares valued at RM48.55. There were 95 gainers, 47 losers and 91 stocks unchanged.

Tradewinds was the top gainer, up 17 sen to RM1.03. It had received a privatisation offer via a selective capital reduction and repayment exercise involving a cash amount of RM1.10 per share.

Maybank rose 15 sen to RM9.55, UMW advanced 12 sen to RM10.18, Lafarge added 10 sen to 83 sen while Mah Sing gained eight sen to RM2.30.

Petronas Gas gained eight sen to RM19.04 while Maxis and Petronas Chemical advanced seven sen to RM6.87 and RM6.60.

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