KUALA LUMPUR, May 21 — Share prices on Bursa Malaysia opened marginally higher on the back of investor’s positive sentiment amid the lack of catalyst on the external economy, dealers said.
At 9.01am,the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.41 points better at 1,810.52 after opening 0.26 of-a-point higher at 1,810.37.
A dealer said, investors are in the midst of evaluating the US Federal Reserve’s meeting minutes which was released yesterday.
Investors are also looking forward to the release of Malaysia’s 11th Malaysia Plan later today.
On the scoreboard, the FBM Emas Index gained 5.98 points for 12,504.17, the FBMT100 Index increased 5.24 points to 12,176.23 and FBM 70 improved 15.27 points to 13,596.06.
The FBM Emas Syariah Index gained 25.86 points to 13,019.01 and the FBM Ace rose 35.83 points to 7,197.88.
On a sectoral basis, the Plantation Index increased 27.85 points to 7,547.81 but the Industrial Index shed 1.68 points to 3,273.78 and the Finance Index decline 49.81 points to 16,082.32.
Gainers led losers 122 to 52 with 120 counters unchanged, 1,505 untraded and 14 others were suspended.
Turnover stood at 34.14 million shares worth RM17.14 million.
Among heavyweights, Maybank lost two sen to RM9.35 while TNB was up six sen at RM14.04, Axiata expanded one sen to RM6.73, Sime Darby gained five sen to RM8.99 and Public Bank was flat at RM19.22.
For actively-traded stocks, Kanger garnered half-a-sen to 20.5 sen, Advance Synergy earned one sen to 17 sen, IFCA rose three sen to RM1.85, JCY increased 1.5 sen to 78.5 sen and Scan Associates was flat at 3.5 sen. — Bernama
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