Share prices on Bursa Malaysia turned easier at mid-morning today as investors remained wary over uncertainties in the global market, dealers said.
As at 11.06 am, the FTSE Bursa Malaysia (FBM KLCI) eased 0.9 of a point to to 1,476.32, dragged down by losses, mostly seen in Petronas Chemicals. However, gains in Maybank managed to cap some of the losses.
The Finance Index improved 49.97 points to 13,189.41, the Plantation Index added 7.23 points to 7,642.07 but the Industrial Index slipped 4.65 points to 2,710.67.
The FBM Emas Index shed 0.529 of a point to 10,119.78 but the FBM Mid 70 Index rose 18.94 points to 11,040.33 while the FBM ACE Index declined 8.89 points to 4,262.54.
Losers led gainers by 292 to 275 while 287 counters were unchanged, 627 untraded and 23 others suspended. Turnover stood at 905.911 million shares worth RM497.617 million.
HWANGDBS Vickers Research, in its research note today said key US stock indices ended higher by between 0.1 per cent and 0.5 per cent on Tuesday, on hopes that the new Italian Prime Minister would make progress in resolving the country’s sovereign debt problems.
"The nervous Wall Street performance may spread to our local bourse ahead, with the benchmark FBM KLCI likely to oscillate around the immediate support level of 1,475, pending the emergence of fresh market leads," it said.
Harvest Court, which resumed trading this morning after being declared as designated securities, lost 63 sen to RM1.50 with 660,000 shares changing hands.
Meanwhile, banking groups AMMB Holdings and Alliance Financial Group are scheduled to announce their latest quarterly financial results during lunch today.
For the actives, AsiaEP added half sen to 10 sen, Tiger Synergy was unchanged at 13.5 sen while Ingenuity Solutions shed half sen to 6.5 sen.
For the heavyweights, Maybank gained 13 sen to RM8.40, Sime Darby was flat at RM8.91, CIMB eased one sen to RM7.09 and Petronas Chemicals lost 16 sen to RM6.24. -- Bernama
As at 11.06 am, the FTSE Bursa Malaysia (FBM KLCI) eased 0.9 of a point to to 1,476.32, dragged down by losses, mostly seen in Petronas Chemicals. However, gains in Maybank managed to cap some of the losses.
The Finance Index improved 49.97 points to 13,189.41, the Plantation Index added 7.23 points to 7,642.07 but the Industrial Index slipped 4.65 points to 2,710.67.
The FBM Emas Index shed 0.529 of a point to 10,119.78 but the FBM Mid 70 Index rose 18.94 points to 11,040.33 while the FBM ACE Index declined 8.89 points to 4,262.54.
Losers led gainers by 292 to 275 while 287 counters were unchanged, 627 untraded and 23 others suspended. Turnover stood at 905.911 million shares worth RM497.617 million.
HWANGDBS Vickers Research, in its research note today said key US stock indices ended higher by between 0.1 per cent and 0.5 per cent on Tuesday, on hopes that the new Italian Prime Minister would make progress in resolving the country’s sovereign debt problems.
"The nervous Wall Street performance may spread to our local bourse ahead, with the benchmark FBM KLCI likely to oscillate around the immediate support level of 1,475, pending the emergence of fresh market leads," it said.
Harvest Court, which resumed trading this morning after being declared as designated securities, lost 63 sen to RM1.50 with 660,000 shares changing hands.
Meanwhile, banking groups AMMB Holdings and Alliance Financial Group are scheduled to announce their latest quarterly financial results during lunch today.
For the actives, AsiaEP added half sen to 10 sen, Tiger Synergy was unchanged at 13.5 sen while Ingenuity Solutions shed half sen to 6.5 sen.
For the heavyweights, Maybank gained 13 sen to RM8.40, Sime Darby was flat at RM8.91, CIMB eased one sen to RM7.09 and Petronas Chemicals lost 16 sen to RM6.24. -- Bernama
