14.10.2010 Finally 1500 was broken

Plantation!Plantation! I missed! should I jump in now?or wait for the pullback(any?)Wait,this is only the first time breaking 1500 barrier,not convincing enough you may say and Oh, I am too busy to look at the market....let it pass., let it be...

KL shares traded higher in early session

Published: 2010/10/14
Share prices on Bursa Malaysia were higher in early trading today with the benchmark index breaking the 1,500-point psychological barrier.
After 25 minutes of trading, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 3.87 points to 1,500.84.
A dealer said continued buying in selected bluechips especially plantation-related stocks helped the key index to start the day in a strong note. "Investors continue to snap up plantation stocks as they are bullish about the earnings of plantation-related companies following the higher CPO prices," he said.
He said market sentiment remained firm ahead of Budget 2011 to be tabled tommorow. At 9.25am, the Finance Index gained 24.74 points to 13,544.96, the Plantation Index increased 98.96 points to 7,360.02 and the Industrial Index added 7.74 points to 2,876.80.

The FBM Emas Index advanced 33.76 points to 10,103.04, the FBM70 perked up 61.65 points to 10,142.96 and the FBM Ace Index added 34.83 points to 4,190.44. Volume stood at 155.636 million shares worth RM156.824 million, with gainers leading losers by 265 to 76, while 197 counters were unchanged and 29 suspended.

Among active stocks, JCY International lost two sen to RM1.08 while Green Packet-Warrants rose four sen to 44.5 sen. TA Global gained 2.5 sen to 47 sen, IRM Group increased 4.5 sen to 43.5 sen and Time dotCom added one sen to 65 sen. Among heavyweights Maybank earned one sen to RM9.02, Sime Darby gained five sen to RM8.90, while CIMB Group shed one sen to RM8.06. -- Bernama