Malaysiakini News

Bursa remains in positive territory at mid-morning

Bernama  |  Published:  |  Modified:

Bursa Malaysia remained in the positive territory as at mid-morning today, supported by strong demand in most heavyweights, particularly finance-related stocks as the bourse rebuilds itself from this week’s losses, dealers said.

At 11 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 8.06 points higher at 1,727.34 from Wednesday's close of 1,719.28.

The index opened 12.37 points higher at 1,731.65.

Among heavyweights, Maybank rose three sen to RM9.60, TNB advanced 22 sen to RM14.36, Petronas Chemicals improved two sen to RM8.01, CIMB added five sen to RM5.95, while Public Bank decline two sen to RM23.96.

For actives, MyEG earned 2.5 sen to 79 sen, Sino Hua-An International and Hibiscus Petroleum rose half-a-sen each to 33 sen and 88 sen, respectively.

Meanwhile, Sapura Energy declined 1.5 sen to 57 sen and Borneo Oil was flat at seven sen.

The FBM Emas Index gained 47.92 points to 12,046.34, the FBMT 100 Index increased 50.67 points to 11,862.36, the FBM Emas Shariah Index edged up 40.25 points to 12,066.39 and the FBM Ace rose 1.86 points to 4,976.31.

The FBM 70 was up 44.71 points at 14,238.87.

Sector-wise, the Finance Index rose 80.9 points to 17,269.72, the Industrial Index improved 20.02 points to 3,072.91, but the Plantation Index shed 37.41 points to 7,718.29.

Market breath remained positive with gainers outpacing losers 387 to 327, while 776 counters were unchanged, 444 untraded and 54 others suspended.

Volume stood at 1.21 billion units valued at RM931.88 million.

- Bernama

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