KUALA LUMPUR, Sept 24 — Share prices on Bursa Malaysia erased yesterday’s losses and opened higher on better buying support in selected heavyweights such as British American Tobacco.
At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,841.67, up 1.48 points, after opening higher at 1,840.38.
British American Tobacco’s shares recouped yesterday’s losses and garnered 54 sen to RM69.52.
Other heavyweights Maybank and Axiata added 2.0 sen each to RM10.06 and RM6.98, CIMB erased 3.0 sen to RM6.97, and Tenaga Nasional lost 2.0 sen to RM12.26.
Globaltech Formation emerged as the most actively-traded stock during the session, with its shares pegged at 9.5 sen with 10.54 million shares traded.
At 9.30am today, there were 180 gainers and 182 losers while 215 counters traded unchanged on Bursa Malaysia.
The FBM-KLCI was at 1,839.63, down 0.56 point, the FBMACE was at 7,316.49, down 70.30 points, and the FBMEmas was at 12,873.43, down 6.24 points.
Turnover was at 346.496 million shares valued at RM153.433 million.
Market breadth was slightly negative as profit takers triumphed over bargain hunters with losers outpacing gainers by 131 to 103 while 200 counters were unchanged, 1,194 untraded and 14 others suspended.
On the scoreboard, the Plantation Index declined 23.910 points to 8,353.04, the Industrial Index was 1.65 points higher at 3,186.61 and the Finance Index added 7.25 points to 17,266.52.
The FBM Emas Index edged down 5.06 points to 12,874.61, the FBM Emas Shariah Index fell 9.69 points to 13,125.58, the FBMT100 Index gave up 8.05 points to 12,451.8, the FBM 70 lost 12.56 points to 14,220.53 and the FBM Ace erased 76.83 points to 7,309.96. — Bernama
