Monday, 24 October 2011

KL shares higher at mid-afternoon

Share prices on Bursa Malaysia maintained the uptrend at mid-afternoon today, weighed on by gains from bluechips led by British American Tobacco (BAT), MISC, Hong Leong, Genting and Digi.

As at 3.01pm, the benchmark index advanced 18.44 points to 1,457.27. BAT rose 40 sen to RM44.84, Hong Leong added 30 sen to RM11.58, Genting advanced 29 sen to RM10.04 and Digi earned 22 sen to RM31.80.

"Investor sentiment was prompted by the better movement on regional markets following positive progress on the Eurozone debt crisis," a dealer said.

The Finance Index rose 116.35 points to 13,197.47, the Industrial Index was up by 47.45 points to 2,684.76 and the Plantation Index increased 70.02 points to 7,389.95.

The FBM Emas added 119.56 points to 9,926.52 and the FBM 70 Index improved by 101.06 points to 10,641.77.

The FBMT100 rose 116.81 points to 9,744.97 and the FBM Ace Index gained 60.11 points to 4,020.60.

Advancers led decliners by 518 to 155 while 242 counters were unchanged, 546 untraded and 23 others suspended. Trading was moderate with a total volume of 853.4 million shares worth RM772.8 million.

Of the active counters, Time DotCom rose three sen to 60 sen, The Media Shoppe and Karambunai gained half-a-sen each to 10.5 sen and 14 sen respectively while Ramunia Holdings added one sen to 39.5 sen

Among heavyweights, Maybank advanced 10 sen to RM8.35, CIMB rose two sen to RM7.21 and Sime Darby added 15 sen to RM8.70 with Petronas Chemicals gaining 14 sen to RM6.15. -- Bernama
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