Thursday 2 February 2012

KL shares remain bullish at mid-afternoon

Share prices on Bursa Malaysia remained in positive territory at mid-afternoon today on continued buying momentum following the firmer overnight Wall Street, dealers said.

They said the investors were also more confident towards the progress of the eurozone debt crisis.

As at 3.01pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 9.09 points higher at 1,530.38.

The Finance Index gained 38.22 points to 13,480.89, the Plantation Index surged 23.30 points to 8,752.72 and the Industrial Index perked 31.40 points to 2,838.22.

The FBM Emas Index jumped 79.46 points to 10,666.66, the FBM Mid 70 Index soared 151.11 points to 12,310.99 and the FBM ACE Index earned 3.31 points to 4,499.90.

Gainers beat losers 540 to 291 with 326 counters unchanged, 315 untraded and 15 suspended. Turnover stood at 1.69 billion shares worth RM1.61 billion.

Of the actives, Tebrau Teguh advanced eight sen to 83 sen, Petronas Chemicals-CH added 3.5 sen to 60 sen, while D.B.E. Gurney Resources eased half-a-sen to 12 sen.

Among heavyweights, Maybank gained four sen to RM8.24, Sime Darby added 12 sen to RM9.26 and Petronas Chemicals Group rose eight sen to RM6.75. -- BERNAMA



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