KL share prices end higher

KUALA LUMPUR, Nov 6 — Bursa Malaysia ended higher today with interests focussed on selective blue-chips as investors took the cue from the overnight gains on Wall Street, dealers said.

The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 6.8 points to close at 1,260.76, boosted by gains in Axiata and Genting.

The FBM KLCI opened 6.11 points higher at 1,260.07. It moved between 1,260.07 and 1,260.76 throughout the day.

HwangDBS Vickers Research said Bursa Malaysia, like other Asian bourses, would probably bounce up buoyed by the robust Wall Street performance.

“The major US equity indices jumped between 1.9 per cent and 2.4 per cent.

“The bellwether Dow Jones Industrial Average surged above the psychological 10,000 level, partly helped by lower jobless claims and higher productivity data,” it said.

The FBM Emas Index rose 34.44 points to 8,422.83, FBM Top 100 increased 31.521 points to 8,210.11 and the FBM ACE Index surged 89.04 points to 4,687.65.

The FBM 70, however, fell 19.77 points to 8,090.28

The Finance Index advanced 63.88 points to 10,776.29 and the Industrial Index gained 12.28 points to 2,699.87.

The Plantation Index, however, eased 5.45 points to 6,058.91.

Advancers led decliners by 451 to 229 while 242 counters were unchanged and 349 untraded.

Total turnover declined to 1.428 billion shares worth RM1.513 billion from 1.523 billion shares worth RM1.405 billion yesterday.

Turnover on the Main Market fell to 1.090 billion shares valued RM1.402

billion from 1.117 billion shares valued at RM1.286 billion on Thursday.

The ACE Market volume declined to 301.984 million units worth RM96.961 million from 366.707 million units worth RM100.605 million yesterday.

Warrants rose to 19.829 million shares valued at RM4.074 million from 15.708 million units valued at RM2.832 million previously.

Leading the actives list was Multi Sports Holdings, which rose 9.5 sen to 67.5 sen, Green Packet-Warrant and Green Packet declined 10 sen each to 91 sen and RM1.39 respectively and REDtone fell half sen to 41 sen.

Among heavyweights, Sime Darby gained four sen to RM9.04, Maybank rose one sen to RM6.84, CIMB gained eight sen to RM12.78 but Tenaga was unchanged at RM8.40.

Consumer products accounted for 112.234 million shares traded on the Main Market, industrial products 164.812 million, construction 80.084 million, trade and services 335.255 million, technology 199.320 million, infrastructure 25.111 million, finance 42.412 million, hotels 29.397 million, properties 79.497 million, plantations 20.786 million, mining 5,000, REITs 1.472 million and closed/fund 34,200. — Bernama

 

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