Share prices were mostly higher at midmorning today as the market recovered from recent losses, led by a rebound in banking stocks and selected bluechips, dealers said.
As at 11.08 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.86 points to 1,436.03, after opening 1.26 points lower at 1,431.91.
Asian markets showed a mixed performance on some mild recovery following the recent sell-down. However, sentiment remained cautious in view of growing concerns over the impact of the eurozone debt crisis and as China's manufacturing activity
weakened with the poor global economic outlook, a dealer said.
The Finance Index, gained 43.20 points to 12,821.97 and the Plantation Index increased 0.71 of a point to 7,571.92, while the Industrial Index increased 7.05 points to 2,622.80.
The FBM Emas Index rose 14.73 points to 9,837.41, the FBM70 Index, however, dipped 0.97 of a point to 10,695.04, the FBM Top 100 Index increased 14.90 points to 9,643.24 and the FBM ACE Index increased 26.57 points to 4,156.77.
Advancers led decliners 261 to 247 while 225 counters were unchanged, 740 untraded and 16 others suspended. Volume stood at 552.6 million shares worth RM269.1 million.
Among active counters, MBF Holdings warrants rose 2.5 sen to 28 sen, Compugates Holdings was unchanged at eight sen, Sumatec Resources declined four sen to 24.5 sen and KNM Group slipped 10 sen to RM1.02.
For the heavyweights, Maybank gained two sen to RM8.19, CIMB rose four sen to RM6.72, AMMB Holdings increased one sen to RM5.52 and Sime Darby increased seven sen to RM8.80. -- Bernama
As at 11.08 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.86 points to 1,436.03, after opening 1.26 points lower at 1,431.91.
Asian markets showed a mixed performance on some mild recovery following the recent sell-down. However, sentiment remained cautious in view of growing concerns over the impact of the eurozone debt crisis and as China's manufacturing activity
weakened with the poor global economic outlook, a dealer said.
The Finance Index, gained 43.20 points to 12,821.97 and the Plantation Index increased 0.71 of a point to 7,571.92, while the Industrial Index increased 7.05 points to 2,622.80.
The FBM Emas Index rose 14.73 points to 9,837.41, the FBM70 Index, however, dipped 0.97 of a point to 10,695.04, the FBM Top 100 Index increased 14.90 points to 9,643.24 and the FBM ACE Index increased 26.57 points to 4,156.77.
Advancers led decliners 261 to 247 while 225 counters were unchanged, 740 untraded and 16 others suspended. Volume stood at 552.6 million shares worth RM269.1 million.
Among active counters, MBF Holdings warrants rose 2.5 sen to 28 sen, Compugates Holdings was unchanged at eight sen, Sumatec Resources declined four sen to 24.5 sen and KNM Group slipped 10 sen to RM1.02.
For the heavyweights, Maybank gained two sen to RM8.19, CIMB rose four sen to RM6.72, AMMB Holdings increased one sen to RM5.52 and Sime Darby increased seven sen to RM8.80. -- Bernama
