KUALA LUMPUR, Dec 2 — Shares traded mixed on Bursa Malaysia were mixed at the end of the morning session today, tracking overnight performance on Wall Street, dealers said.

Losers led gainers by 374 to 245, with 266 counters unchanged, 679 untraded and 20 suspended.

However, the FTSE Bursa Malaysia KLCI (FBM KLCI), which remained in positive territory, rose 7.24 points to 1,814.84 after opening at 1,812.75.

The benchmark index moved between 1,811.67 and 1,815.59 throughout the morning session.

Mild trading saw low total volume of 618.31 million shares worth RM503.99 million.

Overall, the market is showing a gradual shift in trading momentum from bearish to bullish, Kenanga Research said in a note.

The research house reckoned that the FBM KLCI would look to retest the 1,822 and 1,826 resistance levels over the next week or two.

Nevertheless, its main concern is the lacklustre trading volume of late.

“This makes us doubtful on whether or not the FBM KLCI will be sustainable beyond these levels,” the research house said.

On the scoreboard, the Finance Index improved 27.389 points to 16,703.04, the Plantation Index gained 14.521 points to 8,894.57 and the Industrial Index was 4.43 points higher at 3,158.26.

The FBM Emas Index rose 28.03 points to 12,578.96, the FBMT100 Index advanced 30.2 points to 12,308.98, the FBM Ace lost 44.93 points to 5,585.91 and the FBM 70 fell 43.27 points to 14,157.

Among actives, XOX lost two sen to 15 sen, 1 Utopia gained half-a-sen to eight sen and Sumatec declined half-a-sen to 30 sen.

As for heavyweights, Maybank rose five sen to RM9.83, CIMB gained one sen to RM7.59 and Sime Darby lost one sen to RM9.64. — Bernama