KUALA LUMPUR, Oct 26 — Share prices on Bursa Malaysia extended last week's gains to open higher today on continued buying momentum in selected heavyweight counters, dealers said.
At 9.30 am, the benchmark FBM KLCI stood at 1,712.27, up 1.34 points, after opening 4.37 points better at 1,715.30.
Market breadth was extremely positive with gainers at 282 to 143, while 239 counters were unchanged, 1,152 untraded and 33 others suspended.
Turnover stood at 319.67 million shares worth RM137.59 million.
A dealer said that several announcements made during the tabling of Budget 2016 on last Friday, particularly for the construction sector, had maintained the uptrend momentum on the local bourse.
Among heavyweights, Maybank was down one sen to RM8.58, TNB and IHH Healthcare fell four sen each to RM12.76 and RM6.46 respectively, while Public Bank rose four sen to RM18.68.
Among the most actively traded stocks, RGB International advanced 1.5 sen to RM1.65, Instacom and XOX increased one sen each to 25 sen and 24 sen, respectively, while China Automobile earned half-a-sen to 11.5 sen.
The FBM Emas Index was 9.31 points better at 11,842.66, the FBMT100 Index gained 8.57 points to 11,533.36 and the FBM Emas Shariah Index increased 9.31 points to 11,843.66.
The FBM Ace perked 35.81 points to 6,202.64 and the FBM 70 added 7.89 points to 12,845.37.
Sector-wise, the Finance Index was 9.84 points higher at 14,623.22 and the Industrial Index appreciated 15.64 points to 3,384.14, but the Plantation Index declined 8.27 points to 7,599.21. — Bernama
