KUALA LUMPUR, Oct 14 ― The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded at mid-morning today on renewed buying interest in selected plantation counters, dealers said.
At 11am, the benchmark index rose 3.31 points to 1,800.51 after opening 5.31 points lower at 1,791.89 points.
United Plantations and Kuala Lumpur Kepong in plantation stocks, were among the top gainers, gaining 42 sen and 36 sen each to RM25.90 and RM20.34, respectively.
Among heavyweights, Maybank gained six sen to RM9.69, Public Bank increased two sen to RM18.50, TNB was six sen lower at RM12.42 and Axiata fell two sen to RM7.05.
Market breadth remained negative with decliners thumping advancers 689 to 115, while 233 counters were unchanged, 565 untraded and 12 others suspended.
Turnover stood at 1.023 billion shares worth RM711.21 million.
On the scoreboard, the Plantation Index added 25.6 points to 8,057.1, while the Finance Index slipped 10.27 points to 16,718.96.
The Industrial Index increased 18.62 points to 3,2113.99, the FBM Emas Shariah trimmed 15.38 points to 12,734.19, the FBM Ace lost 127.93 points to 6,332.89, the FBM Emas Index declined 4.85 to 12,445.4, the FBMT100 Index earned 1.79 points to 12,108.05 and the FBM 70 dropped 76.06 points to 13,517.2.
Among active counters, Sumatec Resources and Censof were flat at 35.5 sen and 58.5 sen respectively, while Berjaya Corp and Malayan United earned half a sen each to 50 sen and 24 sen. ― Bernama
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