Friday, 30 December 2011

KL shares higher at midday

Bursa Malaysia ended the morning session on a positive note today in line with the improved sentiment on the regional markets, dealers said.

At 12.30pm, the FTSE Bursa Malaysia KLCI gained 7.32 points, or 0.49 per cent, to 1,514.01 after opening 2.29 points higher at 1,508.98.

A dealer said late window-dressing in selected heavyweights was likely to ensure the benchmark index ended the year above 1,500.

Market breadth was positive with gainers leading losers by 337 to 254 while turnover amounted to 572.05 million shares worth RM483.97 million.

The Finance Index increased 26.21 points to 13,449.97, Plantation Index advanced 73.24 points to 8,161.56 and the Industrial Index gained 8.83 points to 2,729.90.

The FTSE Bursa Malaysia Emas Index jumped 49.06 points to 10,397.01 and the FTSE Bursa Malaysia Mid 70 Index expanded 59.72 points to 11,546.49.

FTSE Bursa Malaysia Ace Index, however, slipped 0.96 point to 4,067.30.

Of the volume leaders, Mulpha rose one sen to 39.5 sen, Wijaya-Warrants was half sen higher at 42 sen while 1 Utopia was unchanged at 6.5 sen.

Among heavyweights, Maybank up one sen to RM8.33, Sime Darby gained five sen to RM9.05 and CIMB added three sen to RM7.19. -- Bernama



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