Trading Centered on Bakun Issues
March 29, 2011
The Composite Index of 100 key stocks rose 2.73 to 1126.50. The market was quite active, with 285.2 million shares, worth 2.01 billion ringgit changing hands, up from the 262.0 million shares, valued at 1.81 billion ringgit traded on Tuesday. Analysts said much of the activity was in the shares of companies tied to the mammoth 15 billion ringgit Bakun dam project. The shares of Ekran, the promoter of the Bakun dam project, closed at 10.70 ringgit, up 20 sen.
