KUALA LUMPUR, Nov 15 — Share prices on Bursa Malaysia end the morning session firmer in line with positive sentiments on regional markets, dealers said.
The FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.32 points or 0.24 per cent higher at 1,788.52 at lunch break after fluctuating between 1,784.2 and 1,788.82 throughout the morning session.
They said the uptrend was in tandem with regional markets that saw Japan’s Nikkei 225 appreciating to 15,170.42, Hong Kong’s Hang Seng rising to 22,990.28 and Singapore’s Straits Times Index increasing to 3,200.27.
HwangDBS Vickers Research said there was another chance for the key FBM KLCI to overcome the immediate resistance line of 1,785 today after the benchmark index pulled back from an intra-day high of 1,790.03 to close at 1,784.20 yesterday.
This follows an overnight rise on Wall Street during which its leading indices climbed between 0.2 per cent and 0.5 per cent to new record levels amid renewed expectations for the US Federal Reserve to maintain its monetary stimulus programme.
On the scoreboard, the Finance Index improved 26.2 points to 16,497.279, the Plantation Index 35.5 points to 8,660.64, and the Industrial Index 28.91 points 3,088.04. The FBM Emas Index grew 27.81 points to 12,467.58, the FBMT100 Index was 26.65 points higher at 12,189.39, the FBM 70 19.65 points to 14,262.23 but the FBM Ace 26.86 points for 5,731.
Losers led gainers by 337 to 310 with 323 counters unchanged, 634 untraded and 28 suspended. Total turnover stood at 745.83 million shares worth RM644.34 million.
Among actives, Unisem-WA gained 4.0 sen to 19.5 sen, AT Systemazation inched down 0.5 a sen at 17 sen and Instacom edged down 1.0 sen to 28.5.
Heavyweights Maybank earned 5 sen to RM9.75, CIMB shed 5 sen to RM7.39 and Axiata lost 2 sen to RM6.82. — Bernama
