Share prices on Bursa Malaysia opened higher following a rally in the global equities market, prompted by progress in Europe's plan to contain the region's debt saga, dealers said.
They said the healthy US third quarter gross domestic product data to 2.5 per cent also leveraged on market sentiments.
At 9.11am, the key index rose 13.3 points to 1,484.23, after opening 9.29 points higher at 1,480.22.
"The plan to recapitalise European lenders and leverage on the region's rescue fund to give it firepower at US$1.4 trillion boosted market sentiments, but players remain cautious as the global economic outlook was still uncertain," a dealer said.
The Finance Index rose 161.29 points to 13,452.62 while the Plantation Index gained 68.97 points to 7,561.43.
The FBM Emas improved 100.04 points to 10,149.18, the FBMT100 added 97.75 points to 9,962.10 and the FBM70 was up by 142.48 points to 11,028.79 while the FBM Ace advanced 42.53 points to 4,105.50.
Gainers led losers by 403 to 25 while 98 counters were unchanged.
Volume stood at 248.459 million lots valued at RM157.841 million.
Among the active counters, Pan Malaysia Capital was flat at 8.5 sen, Hubline earned half-a-sen to 10 sen, Hirotako added six sen to 94 sen and Minetech Resources gained two sen to 18 sen.
Among the heavyweights, Maybank and CIMB gained nine sen each to RM8.38 and RM7.37, respectively, Sime Darby added three sen to RM8.88, while Petronas Chemicals increased eight sen to RM6.39.
-- Bernama
They said the healthy US third quarter gross domestic product data to 2.5 per cent also leveraged on market sentiments.
At 9.11am, the key index rose 13.3 points to 1,484.23, after opening 9.29 points higher at 1,480.22.
"The plan to recapitalise European lenders and leverage on the region's rescue fund to give it firepower at US$1.4 trillion boosted market sentiments, but players remain cautious as the global economic outlook was still uncertain," a dealer said.
The Finance Index rose 161.29 points to 13,452.62 while the Plantation Index gained 68.97 points to 7,561.43.
The FBM Emas improved 100.04 points to 10,149.18, the FBMT100 added 97.75 points to 9,962.10 and the FBM70 was up by 142.48 points to 11,028.79 while the FBM Ace advanced 42.53 points to 4,105.50.
Gainers led losers by 403 to 25 while 98 counters were unchanged.
Volume stood at 248.459 million lots valued at RM157.841 million.
Among the active counters, Pan Malaysia Capital was flat at 8.5 sen, Hubline earned half-a-sen to 10 sen, Hirotako added six sen to 94 sen and Minetech Resources gained two sen to 18 sen.
Among the heavyweights, Maybank and CIMB gained nine sen each to RM8.38 and RM7.37, respectively, Sime Darby added three sen to RM8.88, while Petronas Chemicals increased eight sen to RM6.39.
-- Bernama
