Monday 14 November 2011

KL shares positive momentum continues

KUALA LUMPUR: Share prices on Bursa Malaysia continued with their positive momentum at mid-afternoon today, bolstered by active buying in key heavyweights, dealers said.

As at 3pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 13.82 points higher at 1,482.57, with gains mostly seen in IOI Corporation, Genting, Tenaga and Sime Darby.

To date, the benchmark index has moved between 1,478.13 and 1,484.88.

The Finance Index increased 55.88 points to 13,208.64, plantation Index advanced 128.15 points to 7,647.3 and the Industrial Index rose 28.45 points to 2,713.34.

The FBM Emas Index surged 99.729 points to 10,139.06, FBM Mid 70 Index jumped 119.01 points to 10,972.63 and the FBM ACE Index improved 28 points to 4,296.61.

Advancers led decliners by 536 to 177 with 252 counters unchanged, 517 untraded and 19 others suspended.

Turnover stood at 1.538 billion shares worth RM999.232 million.

For the actives, Ingens and Karambunai added two sen each to 7.5 sen and 20.5 sen respectively while Compugt was unchanged at 8.5 sen.

Among heavyweights, Maybank edged up three sen to RM8.27, Sime Darby rose 10 sen to RM8.99 and Petronas Chemicals Group added six sen to RM6.45.

IOI Corp surged 12 sen to RM5.16, Genting gained 20 sen to RM10.78 and Tenaga was up 13 sen to RM5.88.

CIMB, however, shed three sen to RM7.19. -- BERNAMA



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