2013年11月11日星期一

KL shares remain higher mid afternoon

KUALA LUMPUR: Share prices on Bursa Malaysia remained higher mid-afternoon, lifted by selected blue chips following the positive sentiment on Wall Street, dealers said.

At 3.01 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,804.73, up 0.25 of a point, with Hong Leong Financial Group, Genting Bhd and Maybank among the top gainers. 

Dealers said the positive external vibes could lift sentiments on Malaysian equities although a surprise surge in US jobs growth heightened expectations that the Federal Reserve would start reducing their stimulus by year-end.

The benchmark FBM KLCI was expected to pull further away from the psychological mark of 1,800 ahead, they said.

On the scoreboard, the Finance Index rose 14.93 points to 16,738.42, the Industrial Index inched up 0.87 point to 3,106.85 and the Plantation Index added 4.64 points to 8,626.45.

The FBM Emas Index increased 3.21 points to 12,562.04, the FBMT100 appreciated 3.85 points to 12,285.52, the FBM 70 Index rose 13.22 points to 14,315.83 and the FBM ACE Index climbed 50.75 points to 5,923.76. 

Advancers overwhelmed decliners 367 to 336, with 341 counters unchanged, 918 untraded and 26 others were suspended.

Turnover stood at 1.542 billion shares worth RM 1.092 billion. 

Among actives, Sona Petroleum-Warr and Sona Petroleum both added two sen each to 29.0 sen and 46 sen, respectively, and Managepay Systems-Warr added 1.5 sen to 55 sen.

Among heavyweights, Maybank inched up three sen to RM9.92, CIMB shed one sen to RM7.61 and Axiata was flat at RM6.84. 

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