KUALA LUMPUR, Dec 6 — Shares on Bursa Malaysia opened mixed today as profit-takers and bargain-hunters battle to take the upper hand on the local bourse.
The FTSE Bursa Malaysia KLCI (FBM KLCI) however fell 1.02 of a point to 1,823.84 at 9.12am after opening 1.34 point lower at 1,823.52.
Gainers edged losers 96 to 87, with 139 counters unchanged, 1,243 untraded, while 26 others were suspended. Turnover was low at 39.54 million shares worth RM27.73 million.
HwangDBS Vickers Research said the key FBM KLCI would probably tread in a tight range today on bargain-hunting and profit-taking activities and oscillate around its immediate resistance threshold of 1,825 for the time being.
“Trading interest is expected to remain light in view of the thin news flows,” the research house said in a note. “On tap around noon time today is the external trade data for October.”
On the scoreboard, the Finance Index rose 4.93 points to 16,760.29, the Industrial Index gained 1.77 point to 3,105.11 while the Plantation Index fell 5.72 points to 8,964.32. The FBM Emas Index contracted 2.92 points to 12,617.99, the FBMT100 Index lost 3.58 points to 12,354.75, the FBM Ace dwindled 10.28 points to 5,537.46 but the FBM 70 garnered 9.71 points to 14,146.75.
Among actives, Ingenuity Consolidated added 0.5 sen to 8 sen, Xidelang gained 1 sen to 35 sen while DSC Solutions lost 1 sen to 11 sen.
As for the heavyweights, Maybank was 5 sen higher at RM9.79, CIMB rose 2 sen to RM7.67 while Tenaga Nasional eased 2 sen to RM10.92. — Bernama
