theSun | TUESDAY AUGUST 25 2009 17

business KLCI
STI
1,174.49
2,612.33
10.70
67.47
Nikkei
TSEC
10,581.05
6,838.25
342.85
183.45
Hang Seng 20,627.72 428.70 KOSPI 1,612.22 31.24
SCI 2,993.43 32.66 S&P/ASX200 4,426.10 135.50

INDICES CHANGE market summary AUGUST 24, 2009

CONSTRUCTION 224.79 +2.13
CONSUMER 356.26 +2.36
FBMACE
FBMEMAS
4,182.85
7,932.22
-22.99
+69.77
Shares end higher on buying in bluechips
FBM-KLCI 1,174.49 +10.70 SHARE prices on Bursa Malaysia “But resistance remains sumer. Now, the risk concern has
FBMSHA 8,186.33 +47.79 ended the day higher with buy- at 1,196, the level which the shifted to the possible exit strat-
FINANCE 9,485.10 +68.81 ing in bluechip counters such as market achieved last Aug 14,” egy by central banks worldwide.
INDUSTRIAL PROD 89.69 -0.08 British American Tobacco and he said. “It is possible for countries to
INDUSTRIAL 2,590.62 +17.11
Genting, dealers said. Phua said US Federal Re- roll back their stimulus packages
MINING 344.50 +2.03
PLANTATIONS 5,845.81 +19.13 At close, the FBM KLCI rose serve Chairman Ben Bernanke’s once recovery is in swing again,
PROPERTIES 779.97 +6.85 10.7 points or 0.91% to end at statement that the country’s and this can lead to resurgence
TECNOLOGY 17.22 +0.55 1,174.49. economy was nearing recovery of inflation,” he said.
TRADING/SERVICES 155.28 +1.75 SJ Securities analyst Phua had reassured investors to push Gainers led losers 390 to EXCHANGE RATES August 24, 2009
Kwee Hock said the market is global markets up. 239 while 224 counters closed
TURNOVER VALUE
expected to move upward this “At first, the concern of the unchanged, 384 untraded and Foreign currency Bank sell Bank buy Bank buy
694.863mil RM1.11bil week and trade around 1,185. stock markets was on the con- none suspended.
TT/OD TT OD
1 US DOLLAR 3.5410 3.4760 3.4660
1 AUSTRALIAN DOLLAR 3.0110 2.8790 2.8630
by 0.8% in the second quarter – marking the graduation season, the government said 1 BRUNEI DOLLAR 2.4700 2.4100 2.4020
fifth quarterly contraction in a row. – AFP yesterday. 1 CANADIAN DOLLAR 3.2880 3.2080 3.1960
briefs Toyota to conduct biggest
The July figure is up from 5.94% recorded
in June, the directorate general of budget, ac-
1 EURO
1 NEW ZEALAND DOLLAR
5.0950
2.4590
4.9710
2.3510
4.9510
2.3350
counting and statistics said.
recall yet in China On a seasonally adjusted basis, unemploy- 1 PAPUA N GUINEA KINA 1.4440 1.1990 1.1830
TOKYO: Japan’s Toyota Motor Co an- 1 SINGAPORE DOLLAR 2.4695 2.4100 2.4020
Britain free of recession: nounced yesterday its biggest ever recall
ment in July rose to 6.01%, up from 5.91%
from the previous month, the agency said. 1 STERLING POUND 5.8670 5.7250 5.7050
Survey in China, affecting about 688,000 vehicles, In July, the number of unemployed people 1 SWISS FRANC 3.3570 3.2740 3.2590
LONDON: A record recovery in Britain’s busi- due to a defect in the electric window totalled 663,000, up 16,000 from June, includ- 100 ARAB EMIRATES DIRHAM 98.1200 92.9300 92.7300
ness confidence signals that the country’s system. ing a rise of 14,000 first-time jobseekers, it
100 BANGLADESH TAKA 5.3400 5.2100 5.0100
recession “is at an end,” an industry body here The recall covers four sedan models said. – AFP
said yesterday. – the Camry, Yaris, Corolla and Vios – pro- 100 CHINESE RENMINBI N/A N/A N/A
duced in China by two joint venture firms 100 DANISH KRONE 70.5000 64.7700 64.5700
Optimism among professionals moved to
its highest level for two years in the current between May 2006 and December 2008, a
Asia gains lift world stocks
100 HONGKONG DOLLAR 46.5000 44.0400 43.8400
third quarter, according to research by the Toyota spokeswoman said. to 10-month high 100 INDIAN RUPEE 7.5700 6.9600 6.7600
Institute of Chartered Accountants in England Excessive lubricant used in the elec- HONGKONG: Asian stocks jumped more 100 INDONESIAN RUPIAH 0.0369 0.0314 0.0264
and Wales (ICAEW). tronic controls may interfere with the than 2% yesterday, lifting world shares to
100 JAPANESE YEN 3.7520 3.6600 3.6500
The confidence measure jumped from mi- opening and closing of windows or cause a 10-month high, after upbeat US hous-
nus 28.2 to 4.8, the largest quarterly improve- short circuits, she said. ing data and optimistic comments from 100 NEW TAIWAN DOLLAR N/A N/A N/A
ment since the survey began in 2003. No injuries have been reported due to Federal Reserve Chairman Ben Bernanke 100 NORWEGIAN KRONE 61.1100 56.1400 55.9400
The group’s third quarter survey “suggests the defect, she said. – AFP spurred buying of riskier assets. 100 PAKISTAN RUPEE 4.3600 4.0900 3.8900
that the UK recession is at an end,” said ICAEW European shares were set to push 100 PHILIPPINE PESO 7.5100 7.0500 6.8500
chief executive Michael Izza. higher at the start, with futures on the 100 QATAR RIYAL 98.7700 93.9500 93.7500
“While there is no doubt that the UK econ- Taiwan jobless rate hits Dow Jones Eurostoxx 50 index up 0.8% in
100 SAUDI RIYAL 95.9000 91.2200 91.0200
omy is on its way to recovery, we shouldn’t record high early trade.
100 SOUTH AFRICAN RAND 46.9100 43.1500 42.9500
underestimate the challenges ahead for busi- Japan’s Nikkei average jumped 3.3%,
nesses,” he added in a statement. TAIPEI: Taiwan’s unemployment rate in July Hongkong’s Hang Seng was up 1.9%, while 100 SRI LANKA RUPEE 3.1900 2.9300 2.7300
Officially, Britain remains in recession after hit a record high of 6.07% largely due to an the Shanghai Composite edged up 0.3% in 100 SWEDISH KRONA 52.4600 47.6000 47.4000
government data showed its economy shrank increase in first-time jobseekers during the choppy trade. – AFP 100 THAI BAHT 11.1700 9.4600 9.0600
Source: Malayan Banking Berhad/Bernama