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apple developer account for sale :Public Bank, HL Bank again underpin KLCI’s early advance

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KUALA LUMPUR: Public Bank and Hong Leong Bank underpinned the FBM KLCI’s early advance on Wednesday as Asian markets were upbeat about the strong overnight close on Wall Street on stimulus hopes. At 9.07am, the KLCI was up 14.22 points or 0.85% to 1,688.24. Turnover was 695.92 million shares valued at RM306.10mil. The broader market was strong with 505 gainers to 134 losers and 348 counters unchanged. JF Apex Research expected Bursa to trade higher with its resistance level of 1,695 for the KLCI on the back of overnight positive performances posted by the overseas markets. Bloomberg reported Asian stocks gained after their U.S. peers halted a four-day losing streak, as Congress moved toward a spending package that would boost the economy. Shares in Tokyo, Sydney and Seoul opened with gains after the S&P 500 rebounded from its longest slide since September. At Bursa on Tuesday, local retail investors were net buyers at RM138.4mil which offset the net seller by local institutions and foreign funds at RM99.4mil and RM39mil. In early Wednesday trade, Public Bank rose 60 sen to RM22.28 and Hong Leong Bank 30 sen to RM19.14 but RHB Bank lost eight sen to RM5.61. KL Kepong gained 34 sen to RM24.22 while Hartalega added 22 sen to RM12.20. Carlsberg was the top gainer, up 80 sen to RM24.76, Nestle 60 sen to RM138, Heineken 58 sen to RM23.46 and BAT 20 sen to RM14.56. Tech stocks Greatec advanced 22 sen to RM8.48 and UWC 21 sen to RM9.03. Petronas Chemicals fell 10 sen to RM7.86 and Petronas Dagangan four sen to RM20.72. Latitude Tree fell 10 sen to RM4.30 and Euro six sen to RM2.37.
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