KUALA LUMPUR, Dec 11 — Shares on Bursa Malaysia opened higher today on renewed buying support in tandem the with the better performance of regional peers.
At 9.10 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was marginally higher by 0.78 point at 1,649.43, after opening 1.46 points higher at 1,650.11.
Market breadth was positive as gainers led losers 136 to 66, with 140 counters unchanged, 1,430 untraded and 29 others suspended.
Turnover stood at 93.08 million shares worth RM38.83 million.
A dealer said Asian shares improved, tracking the better performance of Wall Street on bargain hunting.
“Investors remained cautious ahead of the Federal Reserve decision on the US interest rate next week,” he said.
Of the heavyweights, Petronas Chemicals gained four sen to RM6.72, Maybank shed five sen to RM8.36, Tenaga fell four sen to RM13.18 while Public Bank and Axiata were flat at RM18.24 and RM6.06 respectively.
Among actives Red Sena, Instacom and KNM added half-a-sen each to 38 sen, 28.5 and 50.5 sen respectively, Eden Inc added 1.5 sen to 27 sen and Red Sena warrant was flat at eight sen.
On the scoreboards, the FBM Emas Index gained 6.39 points to 11,517.91, the FBMT100 Index increased 7.16 points to 11,194.58 and the FBM Emas Shariah Index added 8.25 points to 12,408.16.
The FBM Ace improved 11.51 points to 6,432.28 and the FBM 70 gained 15.22 points to 12,876.59.
On a sectoral basis, the Finance Index was 31.66 points lower at 14,076.09, the Industrial Index added 5.57 points to 3,202.31 and the Plantation Index rose 13.27 points for 7,371.96. — Bernama
