Money
KL shares rebound to open slightly higher

KUALA LUMPUR, Oct 3 — Share prices on Bursa Malaysia rebounded to open higher on renewed buying interest as investors book profit ahead of the long weekend holiday, dealers said.

At 9.15am, the benchmark index stood at 1,842.8, up 5.12 points, after opening 0.38 of-a-point better at 1,838.06.

The Plantation Index dipped 14.62 points to 8,311.06, the Finance Index rose 56.7 points to 17,197.23 and the Industrial Index improved 2.25 points to 3,181.4.

The FBM Ace advanced 46.48 points to 7,072.55 points, the FBM Emas Index added 31.03 points to 12,865.25, the FBMT100 Index jumped 32.02 points to 12,458.98 points and the FBM 70 gained 26.46 points to 14,162.53 points.  

Heavyweights, Maybank earned one sen to RM9.97, Public Bank rose eight sen to RM18.90, TNB was four sen higher at RM12.40 while Axiata added three sen to RM7.03.

Among actives, Asia Bioenergy and Sanichi added half-a-sen each to 17 sen and 10.5 sen, respectively, Nexgram advanced one sen to 13 sen while Takaso Resources was 3.5 sen better at 66.5 sen.

Market breadth was positive with gainers outpacing decliners 216 to 108  while 191 counters unchanged and 1,095 others were untraded.

Turnover stood at 198.63 million shares worth RM692.61 million. — Bernama

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