KUALA LUMPUR, June 10 — Shares on Bursa Malaysia closed higher today with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) adding 6.58 points, or 0.38 per cent, to 1,735.63.

CIMB Group Holdings Bhd was the top contributor to the index gain, putting on 11 sen to RM5.35, with 9.25 million shares traded.

Other leading movers were Telekom that gained 18 sen to RM6.78, Tenaga was up 10 sen to RM13.30 and PBB Group surged 44 sen to RM15.10.

The market barometer index finished higher despite the bearish overnight performance on Wall Street and mixed regional peers, said a dealer.

“While investors are worried about the Federal Reserve’s rate hike and on the developments in Greece’s bailout plan, bargain hunters emerged on the local market to nibble on selective value buys after six bearish weeks,” he said.

On the scoreboard, the FBM Emas Index climbed 28.50 points to 12,038.89, the FBMT100 Index increased 29.43 points to 11,720.37 and the FBM Emas Shariah Index added 48.54 points to 12,550.03.

The FBM 70 however slipped 23.68 points to 13,269.47 and the FBM Ace declined 4.90 points to 6,412.90.

The Finance Index went up 25.15 points to 15,547.42, the Plantation Index climbed 6.56 points to 7,362.11 while the Industrial Index advanced 6.10 points to 3,194.08.

Market breadth was however negative with decliners outpacing gainers 417 to 357, while 336 counters were unchanged, 711 untraded and 14 others suspended.

Total volume shrank to 1.22 billion units worth RM1.55 billion from 1.33 billion units worth RM1.46 billion on Tuesday.

Among actively-traded counters, GPA Holdings warrants soared three sen to four sen, IFCA MSC fell five sen to RM1.28, AirAsia X and Metronic eased half-a-sen each to 24.5 sen and 8.5 sen, respectively, while VSolar gained half-a-sen to 16.5 sen.

Main Market volume decreased to 810.92 million shares worth RM1.40 billion from 843.11 million shares worth RM1.31 billion on Tuesday.

Turnover on the ACE Market contracted to 288.57 million shares worth RM99.14 million from 338.40 million shares worth RM100.77 million.

Warrants fell to 124.13 million shares worth RM48.18 million from 147.64 million shares worth RM52.44 million previously.

Consumer products accounted for 66.23 million shares traded on the main market, industrial products (240.02 million), construction (35.14 million), trade and services (291.86 million), technology (35.22 million), infrastructure (23.04 million), SPAC (5.77 million), finance (43.25 million), hotels (477,200), properties (48.66 million), plantations (15.66 million), mining (108,000), REITs (5.39 million), and closed/fund (59,700). — Bernama