Wednesday 21 December 2011

KL shares end firmer, buoyed by Wall St

Share prices on Bursa Malaysia ended on a firm note today, in line with the stronger close on Wall Street and European markets overnight, dealers said.

On Wall Street, the key US equity indices rose between 2.9 per cent and 3.2 per cent at the close, buoyed by better-than-expected housing starts report.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 19.81 points to 1,484.98.

The dealers said the gain was bolstered by upbeat economic data from US and Europe, adding that the positive external vibes had also spilled over to Asian bourses today.

Gainers led losers by 405 to 307 while 336 counters were unchanged and 433 others untraded. Turnover rose to 1.655 billion shares worth RM1.321 billion from 1.642 billion shares worth RM738.23 million yesterday.

The Finance Index rose 187.03 points to 13,267.64, Plantation Index added 58.76 points to 7,907.88 and the Industrial Index increased 12.45 points to 2,662.82. The FBM Emas Index gained 119.94 points to 10,170.46, FBM Mid 70 Index firmed 87.03 points to 11,164.47 and the FBM Ace Index soften 13.19 points to 4,066.39.

Among active counters, The Media Shoppe-Ord Rights was unchanged at half sen, 1 Utopia Bhd declined one sen to 8.5 sen and Hibiscus Petroleum-Warr 11/14 inched up 6.5 sen to 52 sen.

In heavyweights, Maybank rose 13 sen to RM8.37, Sime Darby added one sen to RM9 and CIMB Group appreciated five sen to RM6.95.

Volume on the main market rose to 944.79 million shares valued at RM679.44 million from 810.38 million shares valued at RM886.46 million yesterday.

Turnover on the ACE market appreciated to 551.18 million units worth RM482.041 million from 358.76 million units worth RM27.98 million previously.

Warrants fell to 213.914 million shares valued at RM31.818 million from 335.96 million shares valued at RM30.32 million Tuesday. Consumer products accounted for 109.028 million shares traded on the main market, industrial products 158.702 million, construction 51.324 million, trade and services 210.688 million, technology 65.5 million, infrastructure 16.211 million, finance 57.15 million, hotels 1.025, properties 61.340 million, plantation 18.507 million, mining 15,000, REITs 6.593 million and closed/fund 104,200. -- Bernama



Get your T+10 interest FREE margin trading account NOW. Attractive brokerage for online trading. Contact Mr Ho at +603-5192 0808 or hoxian@sjsec.com.my for more details.
Related Posts Plugin for WordPress, Blogger...