Finance stocks lifted share prices on Bursa Malaysia which ended the morning session steady today and in line with regional markets, dealers said.
The dealers also said the local market was supported by the overnight gains on Wall Street.
At lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 0.95 of a point to 1,580.33. It had opened 1.1 point higher at 1,580.48.
The dealers said buying sentiment was boosted on improved confidence in the growth outlook of the United States but investors remained cautious on concerns over China's economic progress.
The Finance Index jumped 63.1 points to 14,237.04, the Plantation Index eased 39.75 points to 8,574.21 and the Industrial Index increased marginally, 0.08 of a point, to 2,845.41
The FBM Emas Index improved 11.12 points to 10,895.63, the FBM Mid 70 Index added 26.811 points to 10,895.63 and the FBM Ace Index gained 56.7 points to 4,626.48.
Market breadth was positive with 329 advancers to 286 losers while 342 other counters were unchanged and 22 others suspended.
Trading volume stood at 1.375 billion shares valued at RM726.664 million.
Among the active stocks, Metronic Global added 4.5 sen to 12.5 sen, Ariantec Global edged up three sen to 8.0 sen and I-Power perked one sen to 6.5 sen.
Bursa Malaysia issued an unusual market activity query to Metronic Global Bhd today over the sharp increase in price and high volume of the company's shares.
Meanwhile, trading in the shares of Mega first Corp Bhd and its 60.43 per cent subsidiary, Rock Chemicals Industry (M) Bhd, was suspended from 9am-5pm today, at the request of both companies in separate statements to Bursa Malaysia.
Among the heavyweights, Maybank rose six sen to RM8.82, Sime Darby earned four sen to RM9.75, CIMB went up eight sen to RM7.65 and Petronas Chemicals inched up one sen to RM6.78. -- Bernama
The dealers also said the local market was supported by the overnight gains on Wall Street.
At lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 0.95 of a point to 1,580.33. It had opened 1.1 point higher at 1,580.48.
The dealers said buying sentiment was boosted on improved confidence in the growth outlook of the United States but investors remained cautious on concerns over China's economic progress.
The Finance Index jumped 63.1 points to 14,237.04, the Plantation Index eased 39.75 points to 8,574.21 and the Industrial Index increased marginally, 0.08 of a point, to 2,845.41
The FBM Emas Index improved 11.12 points to 10,895.63, the FBM Mid 70 Index added 26.811 points to 10,895.63 and the FBM Ace Index gained 56.7 points to 4,626.48.
Market breadth was positive with 329 advancers to 286 losers while 342 other counters were unchanged and 22 others suspended.
Trading volume stood at 1.375 billion shares valued at RM726.664 million.
Among the active stocks, Metronic Global added 4.5 sen to 12.5 sen, Ariantec Global edged up three sen to 8.0 sen and I-Power perked one sen to 6.5 sen.
Bursa Malaysia issued an unusual market activity query to Metronic Global Bhd today over the sharp increase in price and high volume of the company's shares.
Meanwhile, trading in the shares of Mega first Corp Bhd and its 60.43 per cent subsidiary, Rock Chemicals Industry (M) Bhd, was suspended from 9am-5pm today, at the request of both companies in separate statements to Bursa Malaysia.
Among the heavyweights, Maybank rose six sen to RM8.82, Sime Darby earned four sen to RM9.75, CIMB went up eight sen to RM7.65 and Petronas Chemicals inched up one sen to RM6.78. -- Bernama
