KUALA LUMPUR, May 27 — Bursa Malaysia closed higher today, lifted by gains in Petronas-related counters and amid a recovery in global oil prices, dealers said.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 6.1 points to 1,637.19 after opening 0.02 of-a-point higher at 1,631.11.
It hovered between 1,632.86 and 1,631.11 throughout the day.
A dealer said Brent Crude surpassed the US$50 (RM203) per barrel mark for the first time this year yesterday.
Spurred by buying interest in the oil and gas related counters, index-linked Petronas Gas chalked up 20 sen to RM21.80, Petronas Chemicals added eight sen to RM6.64 and Petronas Dagangan perked six sen to RM23.70.
The FBM Emas Index rose 48.27 points to 11,447.8, the FBMT100 Index gained 47.74 points to 11,141.71 and the FBM Emas Shariah Index was 30.17 points higher at 11,930.2.
The FBM 70 jumped 77.58 points to 12,923.13 and the FBM Ace rose 88.16 points to 5,564.26.
The Finance Index improved 9.25 points to 14,250.52, the Plantation Index increased 4.98 points to 7,492.56 and the Industrial Index rose 26.88 points to 3,111.28.
Market breadth was positive with gainers outpacing losers 404 to 389 with 355 counters unchanged, 598 untraded and 58 suspended.
Volume rose to 1.84 billion units worth RM1.93 billion from 1.47 billion units worth RM1.48 billion yesterday.
Among heavyweights, Maybank eased one sen to RM8.27, while TNB improved two sen for RM14.02 and IHH gained one sen to RM6.53.
Public Bank and Sime Darby were flat at RM19.14 and RM7.48 respectively.
Among actives, AirAsia chalked up 28 sen to RM2.40, AirAsia X and Netx earned half a sen each to 39.5 sen and four sen respectively, and Vivocom gained two sen to 30.5 sen. Eka Noodles was flat at 9.5 sen.
Main Market turnover rose to 1.16 billion shares worth RM1.81 billion from yesterday’s 1.01 billion shares worth RM1.39 billion.
ACE Market volume increased to 482.61 million shares valued at RM85.95 million from 339.01 million shares valued at RM65.82 million.
Warrants expanded to 194.92 million units worth RM37.01 million from 114.87 million units worth RM17.16 million previously.
Consumer products accounted for 131.08 million shares traded on the Main Market, industrial products (177.57 million), construction (107.43 million), trade and services (515.13 million), technology (39.48 million), infrastructure (13.27 million), SPAC (8.44 million), finance (63.35 million), hotels (2.17 million), properties (83.07 million), plantations (14.82 million), mining (115,800), REITs (10.05 million) and closed/fund (2,300). — Bernama
