Money
KL shares higher at mid-morning
Malay Mail

KUALA LUMPUR, June 5 — Shares on Bursa Malaysia were traded mixed at mid-morning today as traders remained on the sidelines despite some mild buying in key-heavyweight counters.

At 11.08am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,867.55 points, up 2.35 points from yesterday’s close.

Market breadth, however, was negative with losers outpacing gainers 265 to 257, while 317 counters were unchanged, 767 untraded and 18 others suspended.

Volume stood at 468.75 million shares worth RM401.79 million.

A dealer said the local stock market is expected to extend low-volume congestion with investors mostly sidelined ahead of the European Central Bank meeting today and the US monthly jobs data to be released tomorrow.

On the scoreboard, the Finance Index declined 7.318 points to 17,215.47 points, the Plantation Index lost 3.239 points to 9,178.86 points, while the Industrial Index added 1.55 points for 3,165.68 points.

The FBM Emas Index was 4.91 points higher at 12,931.43 points, the FBMT100 Index rose 5.9 points to 12,578.87 points, and the FBM ACE firmed 26.5 points to 6,584.27 points, while the FBM 70 decreased 32.21 points to 14,116.49 points.

Among actives, YTL Corp added six sen to RM1.67, KNM gained four sen to 79.5 sen, Salcon climbed half a sen to 83.5 sen and Sona Petroleum earned 1.5 sen to 61 sen.

Eti Tech was flat at 11 sen.

Of the heavyweights, Maybank and CIMB were flat at RM9.85 and RM7.22 respectively.

Public Bank and TNB added two sen each to RM20.92 and RM12 respectively while Axiata slipped one sen to RM6.88. — Bernama

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