KUALA LUMPUR, Nov 9 — Bursa Malaysia closed marginally higher today, with the key index gaining 0.33 per cent, in sync with the mixed performance in the regional markets, said a dealer.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.84 points to end at 1,446.19 compared to yesterday’s close of 1,441.35.

The market bellwether, which opened 2.27 points firmer at 1,443.62, moved between 1,439.69 and 1,447.15 throughout the day.

On the broader market, gainers led losers 425 to 404, while 401 counters were unchanged, 1,085 untraded, and eight others suspended.

Turnover increased to 3.07 billion units valued at RM1.72 billion versus 3.04 billion units worth RM1.57 billion on Tuesday.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said regionally, the key indices ended mixed as investors await the United States mid-term election results.

"On top of that, China’s annualised producer prices fell for the first time in October, underlining faltering domestic demand and disruption to production amid strict Covid-19 measures,” he told Bernama.

According to an international news report, China’s producer price index fell by 1.3 per cent in October, the first decline since December 2020.

Back home, Thong expects buying momentum to continue given the cheap valuations of local stocks and persistent inflow of foreign funds, despite the cautious market undertone in the region.

"We anticipate the FBM KLCI to hover within the 1,440-1,460 range for the remaining week with immediate support at 1,420 and resistance at 1,460,” he said.

Meanwhile, Bursa Malaysia heavyweights Maybank added 13 sen to RM8.63, Public Bank and CIMB rose two sen to RM4.40 and RM5.44 respectively, Petronas Chemicals was unchanged at RM8.55, and IHH Healthcare dipped three sen to RM5.97.

Among the actives, Advance Synergy eased one sen to 11.5 sen, Top Glove lost half-a-sen to 84 sen, Citaglobal declined three sen to 26 sen, Avillion rose 1.5 sen to 10.5 sen, and Euro Holdings perked up 4.5 sen to 13.5 sen.

On the index board, the FBM Emas Index increased 32.81 points to 10,259.45, the FBM 70 was 34.76 points firmer at 12,157.24, and the FBMT 100 Index rose 32.30 points to 9,993.76.

The FBM Emas Shariah Index perked 15.38 points to 10,323.74 and the FBM ACE slid 9.09 points to 4,932.34.

Sector-wise, the Financial Services Index ticked up 99.47 points to 16,260.84, the Plantation Index rose 14.50 points to 6,849.56, the Industrial Products and Services Index climbed 0.70 of-a-point to 174.32, while the Energy Index shed 2.83 points to 721.63.

The Main Market volume declined to 2.24 billion shares worth RM1.52 billion from 2.27 billion shares worth RM1.35 billion yesterday.

Warrants turnover improved to 294.86 million units valued at RM66.88 million from 217.63 million units valued at RM49.35 million yesterday.

The ACE Market volume fell to 528.83 million shares worth RM126.66 million from 556.79 million shares worth RM166.19 million previously.

Consumer products and services counters accounted for 703.46 million shares traded on the Main Market, industrial products and services (522.73 million), construction (64.29 million), technology (133.33 million), SPAC (nil), financial services (72.51 million), property (200.43 million), plantation (24.25 million), REITs (8.08 million), closed/fund (3,100), energy (217.93 million), healthcare (191.55 million), telecommunications and media (21.70 million), transportation and logistics (70.20 million), and utilities (14.59 million). — Bernama