KUALA LUMPUR: Bursa Malaysia ended higher today on persistent buying interest in selected heavyweights, dealers said.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was up 9.01 points to 1,670.9 after moving between 1,661.59 and 1,673.92 throughout the day.
A dealer said the positive sentiment was due to companies trying to achieve commendable results.
Among heavyweights, TNB rose 30 sen to RM13.42, Petronas Dagangan surged 80 sen to RM25.00, Maybank improved eight sen to RM8.40, Public Bank appreciated 12 sen to RM18.22 and CIMB was up four sen to RM4.60.
Of the actives, Instacom and Hubline were flat at 31.5 sen and 1.5 sen respectively, while Globaltec, Borneo Oil and PUC Founder went up half-a-sen each to seven sen, 16.5 sen and 13.5 sen, respectively.
Market breadth was negative with decliners outpacing gainers by 474 to 449, while 343 counters were unchanged, 569 untraded and 11 others were suspended.
Volume decreased to 2.94 billion shares worth RM1.93 billion from 2.97 billion units worth RM1.96 billion on Friday.
Among top gainers were Petronas Dagangan (+80 sen to RM25.00), Latitude Tree (+50 sen to RM7.30), Can-One (+43 sen to RM4.51) and Advanced Packaging Technology (+32 sen to RM2.36) while top losers were Hap Seng (-29 sen to RM6.30), Panasonic (-24 sen to RM22.06) and United Plantations (-20 sen to RM26.20).
On the scoreboard, the FBM Emas Index rose 45.17 points to 11,642.3, FBM Ace advanced 13.66 points to 6,928.19 and the FBMT100 Index increased 43.97 points to 11,311.35.
The FBM Emas Syariah Index advanced 45.2 points to 12,573.73. The FBM 70 fell 12.37 points to 12,904.52.
Sector-wise, the Finance Index increased 56.89 points to 14,135.16 and the Plantation Index edged up 4.21 points to 7,502.73.
The Industrial Index, however, eased 6.47 points to 3,287.24.
Main Market volume rose to 1.693 billion units worth RM1.663 billion from 1.687 billion units worth RM1.661 billion on Friday.
Turnover on the ACE Market fell to 1.09 billion shares valued at RM244.24 million from 1.11 billion shares valued at RM268.56 million previously.
Warrants contracted to 152.23 million units worth RM22.88 million from 165.52 million units valued at RM24.36 million on Friday.
Consumer products accounted for 129.1 million shares traded on the Main Market, industrial products (446.74 million), construction (117.74 million), trade and services (752.3 million), technology (55.71 million), infrastructure (10.38 million), SPAC (15.59 million), finance (29.07 million), hotel (1.44 million), properties (121.24 million), plantations (11.76 million), mining (10,000), REITs (2.77 million) and closed/fund (7,000).
The physical price of gold as at 5pm stood at RM143.43 per gramme, down 73 sen from RM144.16 at 5pm last Friday. — Bernama
Source: http://www.thesundaily.my/news/1618952
