KUALA LUMPUR, March 18 — Share prices on Bursa Malaysia were volatile at mid-morning today as investors remained cautious on prospects over the global economy, dealers said.
At 11.01am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.56 points to 1,816.72, after opening 1.62 points lower at 1,813.54.
A dealer said the broader market stayed cautious amid worries over China’s slowing economy and potential sanctions from the US and the European Union against Moscow after Ukraine’s Crimea region voted to join Russia.
On the scoreboard, the Finance Index gained 28.311 points to 16,387.56, the Industrial Index added 1.93 points to 3,166.45 and the Plantation Index fell 9.449 points to 8,891.23.
The FBM Emas Index was up 15.13 points to 12,585.64, the FBMT100 Index increased 13.01 points to 12,254.34, the FBM Ace firmed 19.38 points to 6,632.23 and the FBM 70 climbed 24.271 points to 13,821.57.
Gainers led losers 309 to 230 while 274 counters were unchanged, 818 untraded and 25 others suspended. Turnover stood at 378.38 million shares worth RM334.62 million.
Among actives, Asia Bioenergy and Luster Industries were unchanged at 9 sen and 10.5 sen respectively, while EA Holdings and Kinsteel earned 0.5 sen each to 18 sen and 19.5 sen respectively. MAS gained 1 sen to 24 sen.
Among heavyweights, Maybank and CIMG gained 3 sen each to RM9.58 and RM7.03 while Sime Darby earned 1 sen to RM9.21. TNB shed 6 sen to RM11.94 and Axiata lost 1 sen to RM6.49. — Bernama
