KUALA LUMPUR, July 10 — Share prices on Bursa Malaysia remained mixed at mid-day today despite positive close from Wall Street overnight, dealers said.
At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose to 2.18 points to 1,768.67, after opening 0.18 of a point better at 1,766.67.
“Market saw a lack of follow-through buying interest as sentiment is affected by unencouraging Chinese trade data,” a dealer said.
In contrast, HwangDBS Vickers Research said buying interest on Wall Street last night picked up which the key stock barometers rose between 0.5 per cent and 0.7 per cent.
It said the market was driven by rising corporate earnings optimism and improved economic prospects.
Back home, market breadth was negative, with 337 losers and 254 gainers, while 297 counters were unchanged, 689 untraded and 16 suspended.
Turnover stood at 726.39 million shares worth RM773 million.
On the scoreboard, the Plantation Index rose 18.569 points to 8,392.77, while the Industrial Index lost 1.47 points to 2,987.71.
The Finance Index rose 8.07 points to 16,874.17 and the FBM Emas Index gained 8.01 points to 12,326.47.
The FBM 70 Index went down 8.63 points to 14,190.24 and the FBM ACE Index rose 10.59 points to 4,765.77.
Among actives, newly listed AirAsia X Bhd gained two sen to RM1.27.
Scomi added one sen to 43 sen while Asia Media was flat at 16.5 sen.
As for heavyweights, Maybank and CIMB were down two sen each to RM10.40 and RM8.22, respectively, while Axiata was flat at RM6.66. – Bernama
