Money
Bursa Malaysia maintains uptrend at mid-afternoon
At 3pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) climbed 3.95 points to 1,432.08 from yesterdays close of 1,428.13. ― Reuters pic

KUALA LUMPUR, April 11 ― Bursa Malaysia has maintained its upward momentum at mid-afternoon, buoyed by persistent buying interest in selected heavyweights, led by financial services as well as transportation and logistic counters, a dealer said.

At 3pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) climbed 3.95 points to 1,432.08 from yesterday's close of 1,428.13.

The barometer index opened 0.99 points higher at 1,429.12.

Market breadth was positive as gainers surpassed decliners 412 to 362, while 404 counters were unchanged, 1,055 untraded and 13 others suspended.

Turnover stood at 2.14 billion units worth RM1.06 billion.

Among the heavyweights, Maybank added five sen to RM8.70, CIMB ticked up eight sen to RM5.26 and Public Bank was flat at RM3.98, while Petronas Chemicals eased 11 sen to RM7.29 and Tenaga Nasional declined five sen to RM9.13.

As for the actives, Hong Seng, Barakah Offshore Petroleum and Fitters Diversified rose one sen each to 12.5 sen, six sen and six sen, respectively, and Cypark advanced 10 sen to 91 sen, while Top Glove remained flat at RM1.15.

On the index board, the FBM Emas Index added 30.57 points to 10,531.66, the FBMT 100 Index earned 29.38 points to 10,214.10, the FBM ACE Index was 2.66 points higher at 5,306.20 and the FBM 70 Index garnered 44.601 points to 13,780.91, while the FBM Emas Shariah Index expanded 23.94 points to 10,881.28.

Sector-wise, the Financial Services Index advanced 65.68 points to 15,769.80, the Energy Index climbed 6.53 points to 870.94 and the Plantation Index increased 8.32 points to 6,816.04, while the Industrial Products and Services Index inched down 0.54 of-a-point to 173.62. ― Bernama

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