Share prices on Bursa Malaysia were traded higher, in early trade, in tandem with the firmer overnight Wall Street and improved market sentiment in regional markets following latest news on developments in Italy's debt crisis, dealers said.
News of Italian Prime Minister Silvio Berlusconi's resignation lifted confidence that a new leader will act more effectively to tackle Italy's debt crisis.
As at 9.16 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 8.02 points higher at 1,488.48 after opening 0.75 points better at 1,481.21.
The Finance Index gained 47.78 points to 13,305.37, the Plantation Index rose 5.94 points to 7,563.66 and the Industrial Index increased 16.71 points to 2,723.20.
The FBM Emas Index advanced 47.311 points to 10,136.95, the FBM Mid 70 Index perked 21.39 points to 10,878.10 and the FBM ACE Index advanced 36.82 points to 4,257.60.
Gainers beat losers 195 to 43 with 135 counters unchanged, 1,096 untraded and 19 others were suspended. Turnover stood at 237.8 million shares worth RM119.8 million.
Of the actives, Hibicus Petroleum warrant gained 11.5 sen to 53 sen, Sanichi Technology rose 1.5 sen to 10.5 sen, Hibiscus Petroleum added six sen to 82.5 sen and Tejari Technologies increased one sen to 9.5 sen.
Among heavyweights, Maybank rose two sen to RM8.24, CIMB increased three sen to RM7.35, Sime Darby added two sen to RM8.82 and Petronas Chemicals Group earned four sen to RM6.45.-- Bernama
News of Italian Prime Minister Silvio Berlusconi's resignation lifted confidence that a new leader will act more effectively to tackle Italy's debt crisis.
As at 9.16 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 8.02 points higher at 1,488.48 after opening 0.75 points better at 1,481.21.
The Finance Index gained 47.78 points to 13,305.37, the Plantation Index rose 5.94 points to 7,563.66 and the Industrial Index increased 16.71 points to 2,723.20.
The FBM Emas Index advanced 47.311 points to 10,136.95, the FBM Mid 70 Index perked 21.39 points to 10,878.10 and the FBM ACE Index advanced 36.82 points to 4,257.60.
Gainers beat losers 195 to 43 with 135 counters unchanged, 1,096 untraded and 19 others were suspended. Turnover stood at 237.8 million shares worth RM119.8 million.
Of the actives, Hibicus Petroleum warrant gained 11.5 sen to 53 sen, Sanichi Technology rose 1.5 sen to 10.5 sen, Hibiscus Petroleum added six sen to 82.5 sen and Tejari Technologies increased one sen to 9.5 sen.
Among heavyweights, Maybank rose two sen to RM8.24, CIMB increased three sen to RM7.35, Sime Darby added two sen to RM8.82 and Petronas Chemicals Group earned four sen to RM6.45.-- Bernama
