Tuesday 8 November 2011

KL shares firmer on buying interest

Share prices on Bursa Malaysia was traded higher, in early trade, in tandem with gains in regional Asian markets and overnight US stock markets, dealers said.

Dealers said persistent buying interest following last Friday's uptrend helped to sustain the market momentum.

As at 9.14 am, the FBM KLCI was 6.86 points better at 1,484.37 after opening 5.77 points higher at 1,483.28.

The Finance Index rose 54.26 points to 13,339.10 and the Plantation Index added 24.12 points to 7,571.01 and the Industrial Index gained 13.55 points to 2,715.25.

The FBM Emas Index advanced 44.13 points to 10,116.28, the FBM Mid 70 Index perked 43.37 points to 10,886.13 and the FBM ACE Index increased 60.48 points to 4,260.42.

Gainers beat losers 177 to 51, 131 counters unchanged, 1,113 counters untraded and 26 counters were suspended.

Turnover stood at 152.07 million shares worth RM86.02 million.

Among the actives, Harvest Court Industries warrant gained 23 sen to 98 sen, Sanichi Technology rose 1.5 sen to 10 sen, Harvest Court Industries increased 25.5 sen to RM1.13 and Asia Bioenergy was unchanged at 5.5 sen.

Among the heavyweights, Maybank rose four sen to RM8.27, CIMB Group Holdings gained one sen to RM7.37, Sime Darby increased six sen to RM8.86 and Petronas Chemicals Group added two sen to RM6.33. -- Bernama
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