Share prices on Bursa Malaysia rebounded in early trading today, taking the cue from better Wall Street performance, dealers said.
The market expected the European leaders would find solutions to cushion the impact of the European debt woes, they said.
Fifty-nine minutes after the market opened, the FTSE Bursa Malaysia (FBM KLCI) rose 4.54 points to 1,481.76, pushed up by gains mostly seen in Maybank.
The Finance Index jumped 79.899 points to 13,219.34, the Plantation Index rose 23.87 points to 7,658.71 and the Industrial Index gained 9.83 points to 2,725.15.
The FBM Emas Index surged 32.57 points to 10,152.88, the FBM Mid 70 Index advanced 42.851 points to 11,064.24 and the FBM ACE Index perked 44.85 points to 4,316.28.
Gainers led losers by 306 to 162 while 236 counters were unchanged, 777 untraded and 26 others suspended. Turnover stood at 600.618 million shares worth RM290.468 million.
Actives, Tiger Synergy edged up half a sen to 14 sen, AsiaEP earned one sen to 10.5 sen and Tricubes added eight sen to 24.5 sen.
For heavyweights, Maybank gained 17 sen to RM8.44, Sime Darby added seven sen to RM8.98, CIMB up two sen to RM7.12, while Petronas Chemicals slipped 11 sen to RM6.29. -- Bernama
The market expected the European leaders would find solutions to cushion the impact of the European debt woes, they said.
Fifty-nine minutes after the market opened, the FTSE Bursa Malaysia (FBM KLCI) rose 4.54 points to 1,481.76, pushed up by gains mostly seen in Maybank.
The Finance Index jumped 79.899 points to 13,219.34, the Plantation Index rose 23.87 points to 7,658.71 and the Industrial Index gained 9.83 points to 2,725.15.
The FBM Emas Index surged 32.57 points to 10,152.88, the FBM Mid 70 Index advanced 42.851 points to 11,064.24 and the FBM ACE Index perked 44.85 points to 4,316.28.
Gainers led losers by 306 to 162 while 236 counters were unchanged, 777 untraded and 26 others suspended. Turnover stood at 600.618 million shares worth RM290.468 million.
Actives, Tiger Synergy edged up half a sen to 14 sen, AsiaEP earned one sen to 10.5 sen and Tricubes added eight sen to 24.5 sen.
For heavyweights, Maybank gained 17 sen to RM8.44, Sime Darby added seven sen to RM8.98, CIMB up two sen to RM7.12, while Petronas Chemicals slipped 11 sen to RM6.29. -- Bernama
