Monday, 25 July 2016

PPB Group, IHH, MAHB edge higher, FGV in focus

Shares of PPB Group, IHH Healthcare and Malaysia Airports (MAHB) staged a mild rebound on Monday after a volatile week where they came under selling pressure due to negative newsflow while FGV climbed as investors turned more upbeat.

At 12.30pm, the KLCI was up 2.89 points or 0.17% to 1,660.31. Turnover was 790.48 million shares valued at RM517.96mil. There were 317 gainers, 317 losers and 330 counters unchanged.

The ringgit continued to weaken and fell 0.51% against the US dollar to 4.0815 from 4.0608; weakened against the pound sterling to 5.3570 from 5.3477 and was 2.9978 against the Singapore dollar from 2.9927. It slipped against the Euro to 4.4786 from 4.4748.

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