Thursday 19 January 2012

KL shares remain in positive territory

Shares on Bursa Malaysia remained in the positive territory mid-morning on improved investor sentiment, dealers said.

At 10.45am, the underlying FBM KCLI was 1.24 points better at 1,518.62 after opening 1.58 points lower at 1,515.80.

Investor sentiment recovered following a strong overnight close on Wall Street and expectations that the US economic growth prospects remained intact, a dealer said.

Market breadth was positive with gainers leading losers 269 to 220. Volume amounted to 657.27 million valued at RM359.01 million.

The Finance Index declined 5.72 points to 13,426.99, the Industrial Index slipped 2.77 points to 2,773.98 and the Plantation Index gained 12.48 points to 8,498.51. The FBM Emas increased 13.96 points to 10,490.09, the FBM Mid 70 advanced 33.87 points to 11,833.35 and the FBM Ace added 2.33 points to 4,288.88.

Among active stocks, DBE Gurney and its warrants rose half-a-sen each to 11.5 and seven sen, respectively while Media Shoppe was 3.5 sen higher at 12.5 sen.

For heavyweights, Maybank slipped four sen to RM8.24, Sime Darby shed one sen to RM9.09 while Petronas Chemicals perked four sen to RM6.68. -- BERNAMA



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