Shares on Bursa Malaysia extended their gains at mid-morning session today amid a positive external sentiment, dealers said.
At 10.50am, the underlying FBM KLCI gained 4.06 points to 1,520.87 after opening 1.33 points higher at 1,518.14.
Risk sentiment improved following overnight gains on Wall Street as encouraging earnings from US banks and a drop in jobless claims boosted confidence.
Sentiment was also boosted by the Spanish and French bond auctions that drew solid demand, calming fears about Europe's ability to fund its debt, Hong Leong Investment Bank said.
Market breadth was positive with gainers thumping losers by 317 to 182. Volume amounted to 668.71 million valued at RM355.66 million.
The Finance Index advanced 54.37 points to 13,468.06, Plantation Index jumped 41.67 points to 8,547.38 and the Industrial Index rose 2.63 points to 2,776.42.The FBM Emas increased 32.55 points to 10,512.41, the FBM Mid 70 perked 47.60 points to 11,874.49 and the FBM Ace climbed 34.06 points to 4,371.32.
DBE Gurney was among the actives after it confirmed that it was in talks with a shareholder of CI Holding Bhd which included a private placement exercise. It declined one sen to 12.5 sen with 84.8 million shares traded. Media Shoppe gained 2.5 sen to 12.5 sen while DBE Gurney-Warrants were unchanged at 7.5 sen.
Among heavyweights, Maybank increased five sen to RM8.25 while Sime Darby shed one sen to RM9.09 and Petronas Chemicals slipped two sen to RM6.66. -- BERNAMA
At 10.50am, the underlying FBM KLCI gained 4.06 points to 1,520.87 after opening 1.33 points higher at 1,518.14.
Risk sentiment improved following overnight gains on Wall Street as encouraging earnings from US banks and a drop in jobless claims boosted confidence.
Sentiment was also boosted by the Spanish and French bond auctions that drew solid demand, calming fears about Europe's ability to fund its debt, Hong Leong Investment Bank said.
Market breadth was positive with gainers thumping losers by 317 to 182. Volume amounted to 668.71 million valued at RM355.66 million.
The Finance Index advanced 54.37 points to 13,468.06, Plantation Index jumped 41.67 points to 8,547.38 and the Industrial Index rose 2.63 points to 2,776.42.The FBM Emas increased 32.55 points to 10,512.41, the FBM Mid 70 perked 47.60 points to 11,874.49 and the FBM Ace climbed 34.06 points to 4,371.32.
DBE Gurney was among the actives after it confirmed that it was in talks with a shareholder of CI Holding Bhd which included a private placement exercise. It declined one sen to 12.5 sen with 84.8 million shares traded. Media Shoppe gained 2.5 sen to 12.5 sen while DBE Gurney-Warrants were unchanged at 7.5 sen.
Among heavyweights, Maybank increased five sen to RM8.25 while Sime Darby shed one sen to RM9.09 and Petronas Chemicals slipped two sen to RM6.66. -- BERNAMA
