KUALA LUMPUR, Feb 22 — Bursa Malaysia ended cautiously mixed, with traders eyeing the February industry surveys, which will provide clues for the global economy.
At 5pm, the FBM KLCI ended 0.29 of a point easier at 1,674.59 compared with its close on Friday of 1,674.88. The index reached an intra-day high of 1,679.96 after opening at an intra-day low of 1,670.47. The local bourse was weighed down by blue chips led by MISC, which fell by 16 sen to RM8.76, while Sime Darby declined 6 sen to RM7.92 and IOI shed 4 sen to RM4.71.
Market breadth was positive with gainers leading losers 468 to 364 with 328 counters unchanged, 590 counters untraded and 12 others suspended. Total volume rose to 1.62 billion shares worth RM1.42 billion from 1.59 billion shares worth RM1.73 billion last Friday.
A dealer said the loss in the Bursa Malaysia was capped by global oil prices, which jumped today following steep losses in the previous session, supported by a fall the US rig count.
“US crude futures went up more than three per cent to above US$30 per barrel,” the dealer said.
Among other heavyweights, Maybank was flat at RM8.63, TNB fell 2 sen to RM13.24, Public Bank went up 6 sen to RM18.36 and Petronas Chemicals was 4 sen higher at RM7.04.
Of the actives, APFT fell 3.5 sen to 14 sen, JAG eased 1 sen to 11.5 sen, while Scomi rose 3 sen to 21 sen and XOX added 0.5 sen to 16 sen.
The FBM Emas Index appreciated by 20.09 points to 11,642.27, the FBM Emas Shariah Index added 8.68 points to 12,471.15 and the FBM Ace edged up 6.30 points to 5,789.35. The FBM 70 rose 73.96 points to 12,924.59 and the FBMT100 Index gained 14.07 points to 11,334.02.
Sector-wise, the Plantation Index declined 66.70 points to 7,857.88, the Industrial Index slipped 30.08 points to 3,283.53 but the Finance Index inched up 21.09 points to 14,007.55.
Main Market volume remained at 1.08 billion units, although the value was reduced to RM1.54 billion from RM1.66 billion last Friday.
Turnover on the ACE Market rose to 374.51 million shares worth RM60.55 million versus 334.16 million shares worth RM44.09 million.
Warrants went down to 164 million units valued at RM38.52 million against 166.61 million units valued at RM27.93 million.
Consumer products accounted for 156.38 million shares traded on the Main Market, industrial products (207.07 million), construction (39.94 million), trade and services (465.80 million), technology (21.45 million), infrastructure (18.79 million), SPAC (20.25 million), finance (31.78 million), hotels (1.14 million), properties (89.23 million), plantations (24.21 million), mining (5,000), REITs (7.55 million) and closed/fund (2,000). — Bernama
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