Friday, December 17, 2010

Gamuda top gainer on Bursa

Construction firm Gamuda, a front runner together with joint venture partner MMC for the Klang Valley mass rapid transit project, was the top gainer at midday Friday.
The counter gained 10 sen to RM3.83 ahead of the announcement of the quarterly results later today on volume of 3.96 million shares.
MMC meanwhile added 3 sen to RM2.83. The broader market was marginally higher at 1,499.16 on some profit-taking activity.
Sozo Global Ltd chief executive officer and co-founder Shen Hengbao at the listing ceremony on Friday. Starpic by Uu Ban
There were 361 counters up, 247 were down while 266 others were traded unchanged with 583.28 million shares traded on a total value of RM743.04 million.
Sozo Global, the Shandong-based food company which debuted on the local bourse today, was 1.5 sen higher at 81.5 sen.
Unisem rose 11 sen to RM2.16 after CIMB Research in a report maintained the counter as the top pick in the technology sector while KKB gained 12 sen to RM1.99.
Glove makers were among the losers with Top Glove shedding 13 sen to RM4.99, Supermax slid 14 sen to RM4.19 and Latexx warrants losing 18 sen to RM1.92.
Panasonic fell 22 sen to RM18.80, BAT lost 10 sen to RM44.90 while DiGi was 8 sen lower at RM24.78.

Source: Star Business

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