KUALA LUMPUR, March 31 — Share prices on Bursa Malaysia traded higher across-the-board on buying interest in the early session today and driven by upbeat sentiment from bullish regional bourses.
At 9.21am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,831.05 points, 9.22 points higher, after opening 7.05 points better at 1,828.88 points.
Gainers led losers 226 to 96, while 219 counters were unchanged, 1,247 untraded and 24 others suspended.
Turnover stood at 264.1 million shares worth RM123.39 million.
HLIB Research said Bursa Malaysia has been on an uptrend from yesterday in tracking regional markets and with the help of first quarter 2015 window dressing in selected index-linked stocks.
“Following the Dow’s overnight bullish close and on the final day of the first quarter’s window dressing activities, the FBM KLCI will likely extend its advance beyond an immediate resistance of 1,822 points and 1,831 points,” it said in a note.
On the scoreboard, the FBM Emas Index rose 58.97 points to 12,562.06 points, the FBMT100 added 58.63 points to 12,255.39 points and the FBM Emas Syariah Index jumped 62.58 points to 13,138.1 points.
On a sectoral basis, the Finance Index surged 77.21 points to 16,205.56 points, the Plantation Index was up 25.23 points to 7,768.86 points, and the Industrial Index gained 19.62 points to 3,359.71 points.
Among actives, Nova MSC and Connectcounty added 1.0 sen each to 17.5 sen and 19.5 sen, respectively.
Of the heavyweights, Maybank rose 5.0 sen to RM9.32, Tenaga appreciated 6.0 sen to RM14.38 and Public Bank was up 18 sen to RM18.94, while Axiata added 3.0 sen to RM7.12. — Bernama