KUALA LUMPUR, Nov 2 — Share prices on Bursa Malaysia opened marginally higher this morning, continuing last week’s uptrend on mild buying interest.
At 9.09am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,666.25, up 0.54 point, after opening 0.41 point easier at 1,665.3.
A dealer said the market is expected to be influenced by weak regional sentiment later today, brought on by weaker-than-expected economic data from China, which has also led to mounting fears for the recovery of the world’s second largest economy.
The FBM Emas Index rose 15.58 points to 11,589.48, the FBMT100 Index perked 12.8 points to 11,268.83, as the FBM Emas Shariah Index gained 10.7 points to 12,403.53.
The FBM Ace increased 39.05 points to 6,253.1 and the FBM 70 advanced 48.19 points to 12,815.81.
Sector-wise, the Finance Index improved 3.61 points to 14,164.82, the Industrial Index added 3.28 points to 3,309.93, and the Plantation Index expanded 36.68 points to 7,576.89.
Market breadth was positive with gainers leading losers 159 to 112, while 182 counters were unchanged, 1,340 counters untraded and 19 others suspended.
Turnover stood at 159.53 million shares worth RM53.81 million.
Among heavyweights, Maybank and Sime Darby rose two sen each to RM8.28 and RM8.38 respectively, while Public Bank and Axiata eased two sen each to RM18.06 and RM6.15.
However, TNB was flat at RM12.66.
Among the most actively traded stocks, iDimension, XOX, and RGB International gained half-a-sen each to 12 sen, 31.5 sen and 18.5 sen respectively, while Kronologi Asia improved 1.5 sen to 23 sen. — Bernama
