Shares on Bursa Malaysia extended their gains at mid-afternoon today on bargain-hunting ahead of year-end, dealers said.
At 3pm, the underlying FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.49 points, or 0.23 per cent, to 1,507.60 after opening 4.06 points lower at 1,500.05.
A dealer said interest was confined to the plantation and banking counters with investors confident that these segments would perform well next year.
KL Kepong advanced 32 sen to RM22.90, Sime Darby gained five sen to RM9.04, RHB Capital jumped 14 sen to RM7.27 and CIMB rose four sen to RM7.14.
Trading was positive with gainers outpacing losers by 414 to 229 while 296 counters were unchanged. Volume stood at 1.06 billion worth RM627.35 million.
The Finance Index rose by 50.84 points to 13,425.06, Plantation Index increased 18.42 points to 8,087.28 and the Industrial Index gained 22.98 points to 2,731.00.
The FTSE Bursa Malaysia Emas Index added 33.43 points to 10,352.12, FTSE Bursa Malaysia Mid 70 Index advanced 49.97 points to 11,486.27 and the FTSE Bursa Malaysia Ace Index was 20.44 points higher at 4,075.24.
Of the volume leaders, Sanichi Technology rose 2.5 sen to 17.5 sen and Wijaya-Warrants was up 4.5 sen to 43.5 sen. 1 Utopia, however, lost half sen to seven sen,
Among heavyweights, Maybank declined one sen to RM8.33, Petronas Chemicals rose one sen to RM6.16 and Axiata was two sen higher at RM5.01. -- BERNAMA
At 3pm, the underlying FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.49 points, or 0.23 per cent, to 1,507.60 after opening 4.06 points lower at 1,500.05.
A dealer said interest was confined to the plantation and banking counters with investors confident that these segments would perform well next year.
KL Kepong advanced 32 sen to RM22.90, Sime Darby gained five sen to RM9.04, RHB Capital jumped 14 sen to RM7.27 and CIMB rose four sen to RM7.14.
Trading was positive with gainers outpacing losers by 414 to 229 while 296 counters were unchanged. Volume stood at 1.06 billion worth RM627.35 million.
The Finance Index rose by 50.84 points to 13,425.06, Plantation Index increased 18.42 points to 8,087.28 and the Industrial Index gained 22.98 points to 2,731.00.
The FTSE Bursa Malaysia Emas Index added 33.43 points to 10,352.12, FTSE Bursa Malaysia Mid 70 Index advanced 49.97 points to 11,486.27 and the FTSE Bursa Malaysia Ace Index was 20.44 points higher at 4,075.24.
Of the volume leaders, Sanichi Technology rose 2.5 sen to 17.5 sen and Wijaya-Warrants was up 4.5 sen to 43.5 sen. 1 Utopia, however, lost half sen to seven sen,
Among heavyweights, Maybank declined one sen to RM8.33, Petronas Chemicals rose one sen to RM6.16 and Axiata was two sen higher at RM5.01. -- BERNAMA
