KUALA LUMPUR, July 10 — Bursa Malaysia ended the day higher on continued buying interest, dealers said.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) closed 1.46 points higher at 1,892.62, after hovering between 1,889.19 and 1,893.19 through the trading day.
A dealer said most Asian stock markets rose today after China’s exports showed a slight pick-up. “China’s June exports jumped 7.2 per cent in dollar terms from a year ago, accelerating slightly from May’s 7 per cent growth, according to China’s customs office.
“The growth was taken as a small sign of improvement for the world’s number two economy, though there are still concerns about China’s uneven recovery, as imports remain lacklustre in a sign of weak domestic demand,” he added.
The Finance Index rose 58.82 points to 17,489.85, the Industrial Index improved 9.86 points to 3,273.7 and the Plantation Index added 13.99 points to 9,227.84. The FBM Emas Index advanced 19.66 points to 13,172.16, the FBMT100 Index improved 14.42 points to 12,777.73, the FBM 70 gained 33.99 points to 14,454.51 and the FBM Ace rose 48.98 points to 6,797.62.
Market breadth was positive as advancers outpaced decliners 440 to 354, with 357 counters unchanged, 484 untraded and 36 others suspended.
Total volume declined to 1.62 billion units worth RM1.98 billion from yesterday’s 1.78 billion shares worth RM1.99 billion.
Among actives, KNM Group earned 1.5 sen to RM1.01, Insas jumped seven sen to RM1.31, OSK Holdings surged 28 sen to RM2.28, but China Stationery eased one sen to nine sen.
Of the heavyweights, Maybank dipped one sen to RM9.98, Public Bank added two sen to RM20.06, Axiata was one sen higher at RM6.90, with TNB flat at RM12.46.
Main Market volume declined to 1.17 billion units worth RM1.91 billion, from yesterday’s 1.4 billion units worth RM1.91 billion.
Turnover on the ACE market declined to 194.05 million shares valued at RM39.63 million from 221.27 million shares valued at RM47.32 million yesterday.
Warrants appreciated to 90.66 million units worth RM19.06 million from the 84.32 million units worth RM19.13 million registered yesterday.
Consumer products accounted for 148.77 million shares traded on the Main Market, industrial products 216.65 million, construction 58.91 million, trade and services 377.19 million, technology 64.48 million, infrastructure 14.54 million, SPAC 14.01 million, finance 121.98 million, hotels 5.17 million, properties 124.1 million, plantations 16.66 million, mining 32,000, REITs 7.06 million and closed/fund 23,500. — Bernama
