Semicon, tech stocks and glove makers rebound

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KUALA LUMPUR: Semiconductor and tech related stocks and glove makers rebounded on Friday as market sentiment improved slightly but the FBM KLCI failed to close above the key 1,600 level.

At 5pm, the KLCI was up 1.94 points or 0.12% to 1,596.74. Turnover was 6.63 billion shares valued at RM4.81bil. There were 586 gainers, 535 losers and 454 counters unchanged.

Among the semicon and tech stocks, Vitrox climbed 90 sen to RM16.80, UWC 70 sen to RM12.46, MPI 66 sen to RM30.52, Unisem 57 sen to RM8.30 and Pentamaster 31 sen to RM6.19.rose 52 sen to RM12.32, Supermax 42 sen to RM6.53 and Top Glove 23 sen to RM6.25 and they helped shore up the KLCI which was dragged down by telcos, IHH and Tenaga. Kossan ended 18 sen higher at RM4.19.

IHH, Tenaga and MAHB shed 10 sen each to RM5.20, RM9.78 and RM5.20 respectively. Genting lost eight sen to RM4 but GentingM gained two sen to RM2.40. Sime Darby ended the day down eight sen to RM2.26. As for banks, Public Bank ended 10 sen higher at RM21.66, Maybank shed five sen to RM8 while CIMB and Hong Leong Bank shed two sen each to RM3.98 and RM17.56.Among the oil and gas players, Petronas Dagangan gained eight sen to RM2020, Dialog advanced four sen to RM3.26, Petronas Gas lost two sen to RM16.50 and Petronas Chemicals unchanged at RM7.35.

 

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