Saturday, March 27, 2010

Proton holds on to gains

KUALA LUMPUR: The share price of PROTON HOLDINGS BHD [] is holding on its gains in late trade on Friday, March 26 as investors expect a much-needed collaboration to be sealed with Volkswagen.

At 4.13pm, Proton is up 26 sen to RM4.53 with 1.79 million shares done.

The FBM KLCI is up 2.04 points to 1,314.52. Turnover is 1.07 billion shares valued at RM1.37 billion. There are 464 gainers, 259 losers and 268 stocks unchanged.

Market sentiment is firmer, with glove makers among gainers. Hartalega and Supermax are up 22 sen each to RM8.43 and RM6.82 respectively while Kossan added 18 sen to RM8.06.

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