Malaysian shares close higher on bargain-hunting in blue chips

Date : 03/24/2008 @ 5:34AM
Source : TFN
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Malaysian shares close higher on bargain-hunting in blue chips

        KUALA LUMPUR (Thomson Financial) - Malaysian shares closed higher on Monday,
driven by bargain-hunting in select blue chips, especially among financial,
construction and mining-related stocks.
    The Kuala Lumpur Composite index (KLCI) was up 11.96 points or 1.0 percent
at 1,201.02.
    The FTSE Bursa Malaysia 30-large cap index was up 66.28 points or 0.8
percent at 7,979.81 while the FTSE Bursa Malaysia second board index was up
41.31 points or 0.7 percent at 5,684.91.
    Advancers led decliners 426 to 237, with 228 stocks unchanged and 538
counters untraded.
    Trading volume was low at 513 million shares, valued at 909 million ringgit.
    (1 US dollar = 3.19 ringgit)
    johnkb.tan@thomson.com

jt/zr

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