Malaysian shares end up 0.5% at 1651.03,
tracking gains in regional equities following improved manufacturing data from
U.S. The broader market may rise further in the near term toward 1655, a local
dealer says, though he cautions that much of the index's gain "will depend on
developments in Europe and the widely anticipated Moody's review on Spain."
Market breadth ends positive at 369 gainers vs 293 losers, with a total volume
of 800 million shares.
Among gainers, UEM Land Holdings Bhd (5148.KU) ends up
3.5% at MYR1.78, Genting Malaysia Bhd (4715.KU) rises 2.5% to MYR3.68 and PPB
Group Bhd (4065.KU) adds 1.9% to MYR12.14.
Among losers, Sime Darby Bhd
(4197.KU) ends down 0.6% at MYR9.74, Hong Leong Bank Bhd (5819.KU) dips 0.5% to
MYR13.40 and IOI Corp. Bhd (1961.KU) falls 0.4% to MYR5.01.
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