KUALA LUMPUR, Oct 16 — Shares on Bursa Malaysia remained higher as at mid-morning today on follow-through buying, with interest confined to selected heavyweights like Petronas Chemicals and Maxis, dealers said.
As at 11.11am, the FTSE Bursa Malaysia KLCI (FBM LCI) improved 8.97 points to 1,793.73, after opening 3.08 points higher at 1,787.84.
Petronas Chemicals and Maxis contributed a combined 2.38 points to the rise in the benchmark index.
Meanwhile, most regional bourses posted a decline with Japan’s Nikkei sliding 23.44 points to 14,418.10, and Hong Kong’s Hang Seng losing 90.71 points to 23,245.81, with Singapore’s Straits Times rising 12.92 points to 3,178.17.
On the local scoreboard, the Finance Index advanced 92.75 points to 16,777.73, the Plantation Index increased 14.771 points to 8,372.11, and the Industrial Index was 10.62 points higher at 3,066.37.
The FBM Emas Index improved 56.689 points to 12,474.88, the FBMT100 Index advanced 56.86 points to 12,208.08, the FBM Ace rose 13.89 points to 5,477 and the FBM 70 jumped 48.931 points to 14,215.24.
Advancers led decliners by 319 to 190, with 305 counters unchanged, 795 untraded and 15 others suspended.
Volume stood at 605.678 million shares worth RM516.925 million.
Among actives, Talam Transform and Cliq Energy both improved half sen each to seven sen and 42.5 sen respectively, while Hubline was unchanged at six sen.
For the heavyweights, Maybank rose two sen to RM10.02, and CIMB increased four sen to RM7.52, while Axiata and Sime Darby were both unchanged at RM6.90 and RM9.45 respectively. – Bernama
