Share prices on Bursa Malaysia remained positive at midafternoon today, lifted by gains in banking, plantation and telco counters, dealers said.
As at 3.00pm, the benchmark index advanced 12.83 points to 1,470.63.
Maybank, Axiata and Kulim added two sen each to RM8.29, RM4.86 and RM3.48, respectively while CIMB earned one sen to RM7.27, Digi increased four sen to RM31.66 and IOI advanced 14 sen to RM5.24.
Meanwhile, CI Holdings Bhd plans to conclude the disposal of its beverage subsidiary, Permanis Sdn Bhd, to Japan's Asahi Group Holdings Ltd within one or two weeks, for an acquisition price of RM820 million.
Via the disposal, the company will realise more than 11 times, its initial purchase consideration of RM72 million in 2004.
The company's share price rose two sen to RM4.91 after opening one sen better at RM4.90.
The Finance Index rose 118.90 points to 13,266.04, the Industrial Index was up by 11.44 points to 2,696.46 and the Plantation Index increased 88.45 points to 7,475.01.
The FBM Emas rose 107.05 points to 10,035.24 and the FBM 70 Index improved by 180.851 points to 10,839.53. The FBMT100 rose 102.65 points to 9,853.71 and the FBM Ace Index added 44.37 points to 4,018.06.
Gainers thumped losers by 546 to 168 while 205 counters were unchanged, 547 untraded and 26 others suspended. Trading was at 1.169 billion shares worth RM1.342 billion.
Of the active counters, Dutaland fell 6.5 sen to 54.5 sen, The Media Shoppe was flat at 9.5 sen, UEM Land rose 12 sen to RM2.11 and SAAG Consolidated earned half-a-sen to seven sen.
Among heavyweights, Sime Darby declined two sen to RM8.83, Petronas Chemicals earned 12 sen to RM6.31, Maxis flat at RM5.32 and Tenaga Nasional rose 14 sen to RM5.92. -- Bernama
As at 3.00pm, the benchmark index advanced 12.83 points to 1,470.63.
Maybank, Axiata and Kulim added two sen each to RM8.29, RM4.86 and RM3.48, respectively while CIMB earned one sen to RM7.27, Digi increased four sen to RM31.66 and IOI advanced 14 sen to RM5.24.
Meanwhile, CI Holdings Bhd plans to conclude the disposal of its beverage subsidiary, Permanis Sdn Bhd, to Japan's Asahi Group Holdings Ltd within one or two weeks, for an acquisition price of RM820 million.
Via the disposal, the company will realise more than 11 times, its initial purchase consideration of RM72 million in 2004.
The company's share price rose two sen to RM4.91 after opening one sen better at RM4.90.
The Finance Index rose 118.90 points to 13,266.04, the Industrial Index was up by 11.44 points to 2,696.46 and the Plantation Index increased 88.45 points to 7,475.01.
The FBM Emas rose 107.05 points to 10,035.24 and the FBM 70 Index improved by 180.851 points to 10,839.53. The FBMT100 rose 102.65 points to 9,853.71 and the FBM Ace Index added 44.37 points to 4,018.06.
Gainers thumped losers by 546 to 168 while 205 counters were unchanged, 547 untraded and 26 others suspended. Trading was at 1.169 billion shares worth RM1.342 billion.
Of the active counters, Dutaland fell 6.5 sen to 54.5 sen, The Media Shoppe was flat at 9.5 sen, UEM Land rose 12 sen to RM2.11 and SAAG Consolidated earned half-a-sen to seven sen.
Among heavyweights, Sime Darby declined two sen to RM8.83, Petronas Chemicals earned 12 sen to RM6.31, Maxis flat at RM5.32 and Tenaga Nasional rose 14 sen to RM5.92. -- Bernama
