KUALA LUMPUR, Aug 15 — Share price on Bursa Malaysia opened marginally lower but rose thereafter lifted by rotational trading in lower liners, dealers said.
At 9.31am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was up 0.66 of-a-point at 1,794.39, after opening 0.94 of-a-point lower at 1,92.79.
A dealer said while profit-taking should see blue chips checking recent gains, the strong buying momentum trend should boost rotational trading on lower liners.
“On the index, a convincing breakout above the 1,800 psychological level will meet the next hurdle at 1,814,” he said.
On the scoreboard, the Plantation Index gained 29.82 points to 8,364.82, the Industrial Index lost 1.19 points to 3,030.7 and the Finance Index fell 5.609 points to 17,081.63.
The FBM Emas Index slipped 1.391 points to 12,522.1, the FBM100 Index dropped 1.01 points to 12,247.5 and the FBM 70 Index shed 23.84 points to 14,405.68.
Losers led gainers 175 to 149, with 195 counters unchanged, 1,054 untraded and 11 other were suspended.
Turnover totalled 348.1 million shares worth RM150.03 million.
Among actives, Astral Supreme added 1.5 sen to 28.5 sen, Sumatec Resources gained two sen to 61.5 sen, Flonic climbed half-a-sen to 19 sen but The Media Shoppe and MAS were both unchanged at 10.5 sen and 34 sen, respectively.
Heavyweights, CIMB garnered seven sen to RM8.16, Sime Darby added one sen to RM9.49.
Maybank and Axiata dropped four sen each to RM10.46 and RM6.89, respectively, and Petronas Chemicals lost two sen to RM6.60. – Bernama
