KLCI gains ground on positive Chinese trade data - Business News - News Summed Up

KLCI gains ground on positive Chinese trade data - Business News


KUALA LUMPUR: Asian markets were given a boost on Friday as Chinese trade data was showed to accelerate in October. Other gainers on the KLCI included Petronas Chemicals, rising five sen to RM7.45, Axiata, adding two sen to RM5.36 and Maxis, putting on one sen to RM5.93. Sime Darby rose five sen to RM2.20 and Sime Darby Plantation gained 20 sen to RM5.36. On the wider market, Hong Leong Industries put on 29 sen to RM9.73 while United Plantations gained 22 sen to RM28.30. In its research report, AmInvestment Research maintained its Hold recommendation on the stock but adjusted its fair value lower to RM1 a share from RM1.54.


Source: The Star December 08, 2017 05:15 UTC



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