Share prices on Bursa Malaysia ended the morning session firmer today, in line with the stronger performance on Wall Street and European markets overnight, dealers said.
On Wall Street overnight, key US equity indices rose between 2.9 per cent and 3.2 per cent at the closing bell buoyed by better-than-expected housing starts report.
Dealers said the near term outlook, however, remained cautious and volatile as the key index, FBM KLCI, was expected to move within the band range of 1,450 to 1,500 points.
At 12.30pm, the FBM KLCI inched up 15.96 points to 1,481.13.
The Finance Index rose 138.409 points to 13,219.02, Plantation Index increased 37.300 points to 7,886.42 and the Industrial Index gained 10.250 points to 2,660.62. The FBM Emas Index was up 93.931 points to 10,144.45, FBM Mid 70 Index added 51.850 points to 11,129.29 and the FBM ACE Index shed 9.15 points to 4,070.23.
Gainers led losers by 361 to 226 while 308 counters were unchanged. Turnover stood at 824.311 million shares worth RM535.749 million.
Of the active counters, The Media Shoppe-Ord Rights and 1 Utopia Bhd rose half sen each to one sen and 10 sen respectively. The Media Shoppe, however, was unchanged at eight sen.
In heavyweights, Maybank rose 12 sen to RM8.360, Sime Darby inched up one sen to RM9.00 and CIMB firmed two sen to RM6.92. -- Bernama
On Wall Street overnight, key US equity indices rose between 2.9 per cent and 3.2 per cent at the closing bell buoyed by better-than-expected housing starts report.
Dealers said the near term outlook, however, remained cautious and volatile as the key index, FBM KLCI, was expected to move within the band range of 1,450 to 1,500 points.
At 12.30pm, the FBM KLCI inched up 15.96 points to 1,481.13.
The Finance Index rose 138.409 points to 13,219.02, Plantation Index increased 37.300 points to 7,886.42 and the Industrial Index gained 10.250 points to 2,660.62. The FBM Emas Index was up 93.931 points to 10,144.45, FBM Mid 70 Index added 51.850 points to 11,129.29 and the FBM ACE Index shed 9.15 points to 4,070.23.
Gainers led losers by 361 to 226 while 308 counters were unchanged. Turnover stood at 824.311 million shares worth RM535.749 million.
Of the active counters, The Media Shoppe-Ord Rights and 1 Utopia Bhd rose half sen each to one sen and 10 sen respectively. The Media Shoppe, however, was unchanged at eight sen.
In heavyweights, Maybank rose 12 sen to RM8.360, Sime Darby inched up one sen to RM9.00 and CIMB firmed two sen to RM6.92. -- Bernama
