KL shares end on firmer note
KUALA LUMPUR: Continued buying interests in key heavyweights, led by telecommunication companies like Axiata and Maxis, have
managed to ensure the local bourse close on a firmer ground for two consecutive days, dealers said.
The FTSE Bursa Malaysia K…
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KUALA LUMPUR: Continued buying interests in key heavyweights, led by telecommunication companies like Axiata and Maxis, have
managed to ensure the local bourse close on a firmer ground for two consecutive days, dealers said.
The FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.75 points to close at 1,665.42, a litte short from today’s intra-day high of 1,665.90.
The benchmark index, which opened 0.34 point lower at 1,660.33, recorded an intra-day low of 1,660.15.
Maxis and Axiata, which contributed a combined 3.032 points to the FBM KLCI’s rise, rose 11 sen and nine sen each to RM6.96 and RM6.60 respectively.
Dealers said the positive momentum was also seen in other regional bourses.
Japan’s Nikkei 225 surged 176.31 points to 8,982.86, Hong Kong’s Hang Seng jumped 102.07 points to 21,518.71 and Singapore’s Straits Times Index rose 14.23 points to 3,059.90.
On the local front, the Finance Index rose 2.189 points to 14,859.76 and theIndustrial Index increased 11.24 points to 2,870.09.
The Plantation Index, however, slipped 7.58 points to 8,185.96.
The FBM Emas Index advanced 35.02 points to 11,314.76, FBM Ace Index rose 35.15 points to 4,309.82, FBM 70 Index increased 39.63 points to 12,209.86 and the FBMT100 Index was 32.63 points higher at 11,152.84.
Gainers thumped losers by 416 to 265 while 370 counters were unchanged, 596 untraded and 27 others suspended.
Turnover eased to 1.297 billion shares valued at RM1.533 billion from 1.302 billion shares valued at RM2.015 billion yesterday.
