KUALA LUMPUR, May 28 — Share prices on Bursa Malaysia ended the morning session mixed today despite the record-breaking overnight performance of Wall Street.

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,868.74 points as at lunch break, up 1.17 points, after hovering between 1,864.98 points and 1,870.23 points.

However, market breadth was negative as losers outpaced gainers 352 to 278, with 326 counters unchanged, 663 untraded and 33 others suspended. Turnover amounted to 652.63 million shares worth RM754.49 million.

Hong Leong Investment Bank Research said riding on yesterday’s technical rebound, following a refill of between 1,867 points and 1,873 points gap on Monday, the benchmark index was poised to gain further traction today.

“A resumption of the previous rally to retest the all-time high of 1,890 points achieved on May 19 and 1,900 points psychological barrier will materialise, if the FBM KLCI is able to stage a decisive breakout above the immediate support-turned resistance levels of near 1,870 points and 1,876 points,” it said in a note.

Of the heavyweights, Public Bank soared 12 sen to RM20.18, CIMB and Axiata gained 1.0 sen each to RM7.34 and RM6.90 respectively, while Maybank was flat at RM9.94 and TNB eased 2.0 sen to RM12.14.

Among actives, Iris edged up 2.5 sen to 43.5 sen, Silk Holdings appreciated 4.0 sen to 89 sen and Metronic was pegged at 10.5 sen.

On the scoreboard, the Finance Index improved 48.44 points to 17,158.63 points and the Industrial Index gained 1.32 points to 3,185.01 points. But the Plantation Index shed 11.88 points to 9,132.22 points.

The FBM Emas Index was up 3.21 points to 12,912.7, the FBMT100 Index increased 4.87 points to 12,562.92 points, the FBM Ace improved 37.81 points to 6,585.33 points, with the FBM 70 shedding 6.47 points to 14,004.58 points. — Bernama