KUALA LUMPUR, Nov 4 — Share prices on Bursa Malaysia were traded higher in the early session today on increased buying interest after Wall Street ended with higher major equity indices on Friday.
At 9.02am, the FTSE Bursa Malaysia KLCI was 2.59 points higher at 1,813 after opening at 1,811.78.
Gainers outnumbered losers by 132 to 44, with 136 counters unchanged, 1,276 untraded and 19 others suspended.
Turnover stood at 44.15 million shares worth RM18.44 million.
HwangDBS Vickers Research said the positive market sentiments were supported by the release of the US economic report on the better-than-expected manufacturing data.
“However, investors remain cautious on any possible monetary-tightening moves by the Federal Reserve.
“Back home, the benchmark FBM KLCI may continue to trade sideways today, with immediate support and resistance level at 1,800 and 1,825 respectively,” it said in a research note.
On the scoreboard, the Finance Index gained 7.102 points to 16,661.63, the Industrial Index was up 7.19 points to 3,144.08, while the Plantation Index increased 23.22 points to 8,638.80.
The FBM Emas Index rose 15.46 points to 12,602.40, the FBMT100 Index inched up 15 points to 12,325.90, the FBM 70 added 6.65 points to 14,297.25 and the FBM Ace gained 14.65 points to 5,760.94.
Among actives, EA Holdings gained one sen to 17.5 sen, both Tiger Synergy and Hubline were unchanged at 25 sen and six sen, respectively, while Xidelang added half a sen to 42.5 sen and Destini earned 1.5 sen to 42.5 sen.
As for heavyweights, Maybank lost three sen to RM9.76, while Axiata gained four sen to RM6.90, CIMB rose three sen to RM7.55, Sime Darby added one sen to RM9.53 and Petronas Chemicals increased three sen to RM7.15. — Bernama
