Share prices on Bursa Malaysia stayed in positive territory at midafternoon today in line with the rebound on regional Asian markets following signs of progress in resolving the eurozone debt crisis.
As at 3.13 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained two points to 1,474.65 after opening 1.97 points higher at 1,474.62.
Affin Investment Bank, Head of Retail Research, Dr Nazri Khan said the new leadership in Greece and Italy had brought about optimism in tackling the debt crisis as well as calmness on global markets.
"The FBM KLCI found its support at 1,460. The market is expected to stage a further technical rebound with an improved sentiment on global markets," he told Bernama.
The Finance Index, gained 3.09 points to 13,186.56 and the Plantation Index rose 52.19 points to 7,539.11 and the Industrial Index increased 0.27 of a point to 2,696.32.
The FBM Emas Index rose 28.271 points to 10,071.69, the FBM Mid 70 Index added 65.989 points to 10,869.39 and the FBM ACE Index increased 0.33 of a point to 4,260.80.
Gainers beat losers 409 to 248 with 279 counters unchanged, 548 counters untraded and 24 others suspended. Turnover stood at 1.506 billion shares worth RM731.8 million.
Newly-listed iDimension Consolidated Bhd, which made its debut on the ACE Market today, gained 2.5 sen to 40.5 sen after opening at 48 sen, which was 10 sen above its 38 sen issue price with 2.8 million units traded.
For other actives, Compugates Holdings was unchanged at eight sen, Marco Holdings Warrants rose one sen to 6.5 sen and Takaso Resources gained 3.5 sen to 22 sen.
Among heavyweights, Maybank slipped one sen to RM8.23, CIMB eased one sen to RM7.25, Sime Darby increased five sen to RM8.91 and Petronas Chemicals slipped two sen to RM6.37. -- Bernama
As at 3.13 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained two points to 1,474.65 after opening 1.97 points higher at 1,474.62.
Affin Investment Bank, Head of Retail Research, Dr Nazri Khan said the new leadership in Greece and Italy had brought about optimism in tackling the debt crisis as well as calmness on global markets.
"The FBM KLCI found its support at 1,460. The market is expected to stage a further technical rebound with an improved sentiment on global markets," he told Bernama.
The Finance Index, gained 3.09 points to 13,186.56 and the Plantation Index rose 52.19 points to 7,539.11 and the Industrial Index increased 0.27 of a point to 2,696.32.
The FBM Emas Index rose 28.271 points to 10,071.69, the FBM Mid 70 Index added 65.989 points to 10,869.39 and the FBM ACE Index increased 0.33 of a point to 4,260.80.
Gainers beat losers 409 to 248 with 279 counters unchanged, 548 counters untraded and 24 others suspended. Turnover stood at 1.506 billion shares worth RM731.8 million.
Newly-listed iDimension Consolidated Bhd, which made its debut on the ACE Market today, gained 2.5 sen to 40.5 sen after opening at 48 sen, which was 10 sen above its 38 sen issue price with 2.8 million units traded.
For other actives, Compugates Holdings was unchanged at eight sen, Marco Holdings Warrants rose one sen to 6.5 sen and Takaso Resources gained 3.5 sen to 22 sen.
Among heavyweights, Maybank slipped one sen to RM8.23, CIMB eased one sen to RM7.25, Sime Darby increased five sen to RM8.91 and Petronas Chemicals slipped two sen to RM6.37. -- Bernama
