Kuala Lumpur shares close higher -
UPDATE 20/12/2006
- The Kuala Lumpur Composite Index (KLCI) closed up 15.94 points or 1.50
pct at 1,076.30.
Gainers outnumbered losers 721 to 138, with 223 stocks unchanged and 237
counters untraded.
Trading volume was 821.40 mln shares valued at 1.14 bln rgt.

Dealers said the benchmark index is likely to close the year between the
1,100 and 1,150 points level.
Among heavyweight blue chips, IOI Corp gained 0.50 rgt to 17.90, Tenaga
Nasional surged 0.50 rgt to 11.30, and Telekom Malaysia added 0.20 rgt to 9.
75.
Resorts World climbed 0.30 rgt to 14.50, Malayan Banking moved up 0.20
rgt to 11.70, and IJM Corp advanced 0.25 rgt to 7.25.
Teo Guan Lee Corp plunged 0.13 rgt or 18.57 pct to 0.57 after the stock
exchange announced yesterday that it will suspend trading of the company's
shares from Dec 28 until further notice.
ECM Libra Avenue rose 0.02 rgt to 0.69 following a report that it is
selling its entire 40 pct stake in Muamalat Avenue Sdn Bhd, formerly known as
Avenue Asset Management Services Sdn Bhd, to Bank Muamalat Malaysia Bhd for 4.
42 mln rgt.
Maxis Communications gained 0.30 rgt to 10.10 following reports that it
is bidding for a controlling stake in Indian mobile phone operator Hutchison
Essar Ltd.

For tomorrow...market may move higher to 1100 levels...

For CPO Market...down to 1800 levels...