Shares on Bursa Malaysia extended gains at mid-afternoon today amid good buying interest from fund managers in finance counters, dealers said.
At 3pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,452.67, up 1.48 per cent or 21.12 points, lifted by financial stocks including CIMB, Maybank, AMMB and Public Bank. The key index had opened 6.22 points higher at 1,437.77.
A dealer said fund managers bought into financial stocks on hopes of recovery, with CIMB and AMMB rising 27 sen to RM7.01 and RM5.91 respectively, Maybank gained eight sen to RM8.03 and Public Bank rose 10 sen to RM12.50.
On Bursa Malaysia, trading was positive with volume at 846.41 million shares valued at RM895.24 million, with gainers outpacing losers 476 to 199 while 246 counters were unchanged.
The Finance Index surged 253.66 points to 13,037.24, the Plantation Index gained 54.11 points to 7,662.84 and the Industrial Index was 20.03 points higher at 2,617.12.
The FTSE Bursa Malaysia Emas Index jumped 129.82 points to 9,945.79, the FTSE Bursa Malaysia Mid 70 Index added 100.07 points to 10,795.98 and the FTSE Bursa Malaysia Ace Index rose 4.27 points to 4,136.27.
Among actives, Tiger Synergy was up half sen to 13 sen, Sumatec was unchanged at 31 sen while Sumatec-Warrants lost half sen to 17.5 sen.
As for heavyweights, Sime Darby gained 18 sen to RM8.84, Petronas Chemicals rose one sen to RM5.92, Axiata garnered seven sen to RM4.90 and Maxis up four sen to RM5.46. -- Bernama
At 3pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,452.67, up 1.48 per cent or 21.12 points, lifted by financial stocks including CIMB, Maybank, AMMB and Public Bank. The key index had opened 6.22 points higher at 1,437.77.
A dealer said fund managers bought into financial stocks on hopes of recovery, with CIMB and AMMB rising 27 sen to RM7.01 and RM5.91 respectively, Maybank gained eight sen to RM8.03 and Public Bank rose 10 sen to RM12.50.
On Bursa Malaysia, trading was positive with volume at 846.41 million shares valued at RM895.24 million, with gainers outpacing losers 476 to 199 while 246 counters were unchanged.
The Finance Index surged 253.66 points to 13,037.24, the Plantation Index gained 54.11 points to 7,662.84 and the Industrial Index was 20.03 points higher at 2,617.12.
The FTSE Bursa Malaysia Emas Index jumped 129.82 points to 9,945.79, the FTSE Bursa Malaysia Mid 70 Index added 100.07 points to 10,795.98 and the FTSE Bursa Malaysia Ace Index rose 4.27 points to 4,136.27.
Among actives, Tiger Synergy was up half sen to 13 sen, Sumatec was unchanged at 31 sen while Sumatec-Warrants lost half sen to 17.5 sen.
As for heavyweights, Sime Darby gained 18 sen to RM8.84, Petronas Chemicals rose one sen to RM5.92, Axiata garnered seven sen to RM4.90 and Maxis up four sen to RM5.46. -- Bernama
