Monday 24 October 2011

FBMKLCI rises 1.3pc at midday

Share prices on Bursa Malaysia continued the uptrend at midday today, in line with the positive movement on markets regionally, dealers said.

The market also took cue from the positive signs emerging from the plan to contain the eurozone's sovereign debt crisis, a dealer said.

At the end of the morning session, the FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 18.97 points to 1,457.80.

The benchmark index moved between a high of 1,462.06 and a low of 1,449.10.

The Finance Index rose 115.43 points to 13,196.55, the Industrial Index edged up 50.63 points to 2,687.94 and the Plantation Index added 88.92 points to 7,408.85.

The FBM Emas rose 121.35 points to 9,928.30, the FBMT100 added 118.68 points to 9,746.84 and the FBM Ace Index improved 67.82 points to 4,028.31 while the FBM 70 Index increased 96.31 points to 10,637.02.

Advancers led decliners by 508 to 143 while 226 counters were unchanged, 584 untraded and 23 others suspended.

Trading was moderate with a total volume of 754.23 million shares worth RM648.31 million.

Of the active counters, Time DotCom rose four sen to 58 sen, The Media Shoppe gained half-a-sen to 10.5 sen, Karambunai and Ramunia Holdings added one sen each to 14 sen and 40 sen, respectively.

Among heavyweights, Maybank advanced 10 sen to RM8.35, CIMB rose one sen to RM7.20 and Sime Darby added 16 sen to RM8.71 with Petronas Chemicals gaining 14 sen to RM6.15. -- Bernama
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