KUALA LUMPUR, July 8 — Bursa Malaysia ended on a mixed note today, with the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advancing 0.15 of a point to record an all-time high of 1,892.65.
The FBM KLCI’s previous all-time high of 1,892.50 was recorded yesterday.
It also broke an intra-day high of 1,894.72 yesterday, after reaching a high of 1,896.23 at 9.17am today and a low 1,891.66 throughout the trading day. A dealer said after the higher close higher yesterday, profit-taking emerged in selected heavyweights.
“The higher ringgit on expectation of a policy rate increase this week also contributed towards the rise of the index,” he added.
Bank Negara Malaysia is expected to raise its key interest rate to 3.25 per cent at a policy meeting on Thursday.
The Finance Index jumped 50.88 points to 17,397.51, Industrial Index inched up 2.13 points to 3,275.22 and the Plantation Index rose 13.35 points to 9,233.79.
The FBM Emas Index climbed 2.28 points to 13,163.69, FBMT100 Index rose 1.77 points to 12,773.29 and the FBM 70 surged 4.8 points to 14,431.42.
The FBM Ace erased 5.86 points to 6,784.44.
Market breadth was negative as decliners outpaced advancers by 464 to 387, with 321 counters unchanged, 451 untraded and 15 others suspended.
Total volume declined to 1.79 billion units worth RM2.29 billion from yesterday’s 1.8 billion shares worth RM2.16 billion.
Among actives, Frontken Corp, China Stationery and Malaysia Airlines earned half a sen each to 14 sen, 8.5 sen and 23 sen, respectively, while Daya Materials fell 1.5 sen to 29.5 sen.
Of the heavyweights, Maybank surged five sen to RM9.95, Public Bank and CIMB rose two sen each to RM20 and RM7.28, respectively, while TNB was flat at RM12.48.
Main Market volume decreased to 1.4 billion units worth RM2.21 billion, from yesterday’s 1.48 billion units worth RM2.098 billion.
Turnover on the ACE market rose to 230.19 million shares valued at RM50.55 million from 208.74 million shares valued at RM50.55 million yesterday.
Warrants appreciated to 110.82 million units worth RM25.1 million, from 31.17 million units worth RM4.71 million.
Consumer products accounted for 151.63 million shares traded on the Main Market, industrial products 282.77 million, construction 110.23 million, trade and services 485.67 million, technology 73.95 million, infrastructure 14.75 million, SPAC 44.63 million, finance 65.64 million, hotels 1.18 million, properties 148.5 million, plantations 18.15 million, mining 28,000, REITs 6.88 million and closed/fund 4,700. — Bernama