Bursa Malaysia ends marginally higher

Borneopost Wed, Mar 08, 2017 08:30am - 7 years View Original


KUALA LUMPUR: Bursa Malaysia ended marginally higher, prompted by scattered gains across the board, dealers said.

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended 1.3 points higher at 1,728.66 from 1,727.36 on Monday.

The index opened 0.29 points higher at 1,727.65 and moved between 1,725.02 and 1,734.07 throughout the day.

On the broader market, gainers led decliners 586 to 320, 357 counters were unchanged, 432 untraded and 14 others suspended.

Volume rose to 3.37 billion units worth RM2.91 billion against last Monday’s 3.01 billion units worth RM2.63 billion.

FXTM Research Analyst Lukman Otunuga said global stocks were vulnerable to losses with investors on edge as the heightened geopolitical tensions in East Asia weighed on risk sentiment.

“Asian shares traded mostly mixed amid the jitters, while risk aversion exposed European equities to downside shocks.

“With the overall trading mood subdued and market participants treading cautiously, gains on Wall Street could be limited this evening,” he added.

On the home front, the FBM Emas Index rose 35.92 points to 12,208.08, the FBMT100 Index improved 33.17 points to 11,882.97, and the FBM Emas Syariah Index was up 52.16 points at 12,615.29.

The FBM 70 surged 131.24 points to 14,231.36, while the FBM Ace was 21.68 points higher at 5,302.48.

Sector-wise, the Plantation Index gained 65.68 points to 8,174.14, the Finance Index added 33.69 points to 15,521.27 and the Industrial Index trimmed 10.05 points to 3,252.62.

Among heavyweights, TNB and Maxis was up two sen each at RM13.70 and RM6.40, respectively, Petronas Chemicals rose five sen to RM7.48, IHH Healthcare advanced three sen to RM5.98, while Public Bank and MISC were both flat at RM19.94 and RM7.46, respectively.

Of actives, Priceworth rose three sen to 16 sen, Hovid increased 2.5 sen to 34 sen, Bumi Armada improved 3.5 sen to 74.5 sen, while Borneo Oil and MMAG declined by half-a-sen each to 17 sen and 5.5 sen, respectively.

Main Market turnover rose to 2.49 billion units worth RM2.79 billion versus Monday’s 2.18 billion units worth RM2.49 billion.

Volume on the ACE Market improved to 631.64 million shares valued at RM88.11 million from 592.93 million shares valued at RM105.15 million.

Warrants advanced to 246.97 million units worth RM30.49 million from 217.38 million units worth RM26.92 million.

Consumer products accounted for 225.59 million shares traded on the Main Market, industrial products (572.73 million), construction (149.55 million), trade and services (1.06 billion), technology (108.47 million), infrastructure (8.99 million), SPAC (10.62 million), finance (107.07 million), hotels (507,300), properties (177 million), plantations (38.74 million), mining (nil), REITs (27.2 million), and closed/fund (28,400).

 

For more information on stocks and prices, please visit www.bursamalaysia.com.

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






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