Monday 31 October 2011

KL shares open higher in early trade

Share prices on Bursa Malaysia opened higher in early trading today, boosted by rising appetite in riskier assets, dealers said.

After 30 minutes of trading, the benchmark FTSE Bursa Malaysia KLCI was up 0.08 of a point to 1,481.9, after opening 2.84 points higher at 1,484.66.

The Finance Index rose 41.22 points to 13,461.81, the Plantation Index added 3.33 points to 7,498.01 but the Industrial Index lost 5.57 points to 2,709.09.

The FBM Emas Index improved 1.199 points to 10,118.56, the FBM Mid 70 Index fell 3.051 points to 10,956.6 and the FBM Ace Index declined 12.57 points to 4,060.38.

Gainers led losers 187 to 117 while 178 counters were unchanged, 988untraded and 19 others suspended. A total of 164 million shares worth RM113.3 million were traded.

Among active stocks, Borneo Oil rose 43 sen to two sen, The Media Shoppe was flat at nine sen while Zelan added three sen to 38.5 sen.

For heavyweights, Maybank earned two sen to RM8.37, CIMB improved three sen to RM7.49 but Sime Darby lost two sen to RM8.88. -- Bernama
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