KUALA LUMPUR, Dec 17 — The composite index FTSE Bursa Malaysia KLCI (FBM KLCI) extended its rally, mid-afternoon, to record a fresh intra-day high of 1,851.94 points at 3 pm.
The rally was spurred by “window dressing” activities by fund managers who consolidated their positions on selected attractive index-linked counters.
A dealer said the local bourse benefitted from the positive performance posted on regional equity markets coupled with the overnight uptrend on Wall Street.
Regionally, Japan’s Nikkei 225 surged 125.72 points to 15,278.63 and Singapore’s Straits Times Index rose 13.40 points to 3,066.67.
Petronas Gas, Axiata Group and DiGI.com were the three major contributors to the composite index’s rise with a total contribution of 4.757 points.
Petronas Gas’ share soared 54 sen to RM23.34, Axiata Group clinched 13 sen to RM6.88 while DiGi.com rose eight sen to RM4.95.
On the scoreboard, the Finance Index bolstered 70.01 points to 16,863.03, the Industrial Index advanced 27.94 points to 3,115.69 and the Plantation Index earned 18.97 points to 9,008.49.
The FBMT100 Index surged 64.99 points to 12,475.63, the FBM Emas Index expanded 64.3 points to 12,741.83, the FBM 70 earned 35.34 points to 14,084.32 and the FBM Ace perked 10.55 points to 5,653.28.
Gainers led losers 367 to 344, with 279 counters unchanged, 578 untraded and 30 others were suspended.
Volume transacted totalled 733.136 million shares worth RM917.698 million.
Among actives, Daya Materials added 1.5 sen to 39 sen, IRIS Corp inched up half-a-sen to 28 sen while Xidelang Holdings was flat at 37.5 sen.
Of heavyweights, Axiata Group clinched 13 sen to RM6.88, both Maybank and TNB rose six sen each to MR10.04 and RM11.06, respectively, and CIMB gained two sen to RM7.71.
Sime Darby, however, was flat at RM9.57. — Bernama
