Share prices on Bursa Malaysia were traded higher in the early session Monday on technical rebound, dealers said.
Thirty minutes after the opening bell, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 11 points or 0.7 per cent to 1,471.13.
Dealers said the uptrend was in tandem with the Wall Street which recovered on Friday when its key stock indices jumped between 1.6 per cent and 1.9 per cent at the closing bell.
This followed a pact reached by the European countries for deeper economic integration and a proposal to increase the rescue fund size, HwangDBS Vickers said in a research note.
The Finance Index rose 109.45 points to 13,050.34; the Plantation Index surged 67.76 points to 7,928.45 and the Industrial Index perked 15.7 points to 2,665.66.
The FBM Emas Index was up 68.99 points to 10,068.54, the FBM Mid 70 Index jumped 62.22 points to 10,977.93 and the FBM ACE Index advanced 32.93 points to 4,207.38.
Gainers led losers by 251 to 54 while 146 counters were unchanged. Turnover stood at 223.92 lots worth RM97.75 million.
Actives, Utopia-Wa earned one sen to six sen, Proton CG added two sen to 33 sen and Emico gained one sen to 32 sen.
For heavyweights, Maybank rose two sen to RM8.17, CIMB added nine sen to RM6.98 but Sime Darby lost one sen to RM8.89. -- Bernama
Thirty minutes after the opening bell, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 11 points or 0.7 per cent to 1,471.13.
Dealers said the uptrend was in tandem with the Wall Street which recovered on Friday when its key stock indices jumped between 1.6 per cent and 1.9 per cent at the closing bell.
This followed a pact reached by the European countries for deeper economic integration and a proposal to increase the rescue fund size, HwangDBS Vickers said in a research note.
The Finance Index rose 109.45 points to 13,050.34; the Plantation Index surged 67.76 points to 7,928.45 and the Industrial Index perked 15.7 points to 2,665.66.
The FBM Emas Index was up 68.99 points to 10,068.54, the FBM Mid 70 Index jumped 62.22 points to 10,977.93 and the FBM ACE Index advanced 32.93 points to 4,207.38.
Gainers led losers by 251 to 54 while 146 counters were unchanged. Turnover stood at 223.92 lots worth RM97.75 million.
Actives, Utopia-Wa earned one sen to six sen, Proton CG added two sen to 33 sen and Emico gained one sen to 32 sen.
For heavyweights, Maybank rose two sen to RM8.17, CIMB added nine sen to RM6.98 but Sime Darby lost one sen to RM8.89. -- Bernama
