Share prices on Bursa Malaysia were mixed in early trading session Tuesday on lack of appetite among investors for riskier assets, dealers said.
At 9.15am, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,559.64, down 0.93 of a point, after opening 2.41 points higher at 1,562.98.
HwangDBS Vickers Research said the local bourse may continue to climb slowly and steadily amid positive foreign news flows.
"The benchmark FBM KLCI will probably advance towards the immediate resistance target of 1,580 points ahead," it said in a statement today. Wall Street was closed yesterday for a but most European stock markets rose overnight.
Essentially, the research firm said investors remained confident that the eurozone finance ministers would be able to wrap up talks for Greece to meet certain conditions in exchange for international bailout funds.
The Finance Index rose 1.52 points to 13,917.06 but the Plantation Index erased 69.58 points to 8,751.17 and the Industrial Index rose 0.91 of a point to 2,911.03
The FBM Emas Index lost 4.37 points to 10,837.88, the FBM Mid 70 Index earned 2.021 points to 12,339.79 and the FBM Ace Index gained 19.64 points to 4,744.41.
Gainers outpaced losers 147 to 105 while 170 counters were unchanged, 1,062 untraded and 19 others were suspended with turnover at 173.023 million shares worth RM57.811 million.
Among actives, United Plantation added 24 sen to RM23.00, Panasonic Manufacturing earned 18 sen to RM20.60 while Hartalega and Quality Concrete gained 14 sen each to RM8.10 and RM1.44, respectively.
Heavyweights, Maybank and Sime Darby were unchanged at RM8.61 and RM9.63, respectively, Petronas Chemicals earned one sen to RM6.93 and CIMB erased one sen to RM7.29. -- Bernama
At 9.15am, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,559.64, down 0.93 of a point, after opening 2.41 points higher at 1,562.98.
HwangDBS Vickers Research said the local bourse may continue to climb slowly and steadily amid positive foreign news flows.
"The benchmark FBM KLCI will probably advance towards the immediate resistance target of 1,580 points ahead," it said in a statement today. Wall Street was closed yesterday for a but most European stock markets rose overnight.
Essentially, the research firm said investors remained confident that the eurozone finance ministers would be able to wrap up talks for Greece to meet certain conditions in exchange for international bailout funds.
The Finance Index rose 1.52 points to 13,917.06 but the Plantation Index erased 69.58 points to 8,751.17 and the Industrial Index rose 0.91 of a point to 2,911.03
The FBM Emas Index lost 4.37 points to 10,837.88, the FBM Mid 70 Index earned 2.021 points to 12,339.79 and the FBM Ace Index gained 19.64 points to 4,744.41.
Gainers outpaced losers 147 to 105 while 170 counters were unchanged, 1,062 untraded and 19 others were suspended with turnover at 173.023 million shares worth RM57.811 million.
Among actives, United Plantation added 24 sen to RM23.00, Panasonic Manufacturing earned 18 sen to RM20.60 while Hartalega and Quality Concrete gained 14 sen each to RM8.10 and RM1.44, respectively.
Heavyweights, Maybank and Sime Darby were unchanged at RM8.61 and RM9.63, respectively, Petronas Chemicals earned one sen to RM6.93 and CIMB erased one sen to RM7.29. -- Bernama
