KUALA LUMPUR, May 22 — Bursa Malaysia remained higher at mid-afternoon today on buying support in selected blue chip stocks led by Genting Malaysia and Petronas-related companies, dealers said.
At 3.03pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,769.61, up 1.72 points, from last Friday’s close of 1,768.28.
The index opened 3.87 points higher at 1,772.15 at 9 am.
Gainers led losers 507 to 403 with 364 counters unchanged, 475 untraded and 20 others suspended. Turnover stood at 2.72 billion shares worth RM1.71 billion.
The local bourse remained higher in line with South-east Asian stock markets, which rose today taking cues from Wall Street and firm crude oil prices amid continued US political uncertainty.
For heavyweights, Maybank shed 6 sen to RM9.29 and TNB slid 2 sen to RM13.76.
Public Bank and Petronas Chemicals improved 2 sen each to RM20.02 and RM7.35 respectively while Sime Darby added 1 sen at RM9.32.
Of the actives, Key Alliance Group and Netx Holdings added one sen each to 5 sen and 8 sen respectively, AirAsia X rose 2.5 sen to 53.5 sen and Dagang Nexchange warrants improved 1.5 sen to 35 sen.
The FBM Emas Index rose 21.58 points to 12,707.46, the FBMT 100 Index increased 17.11 points to 12,324.28 and the FBM Emas Shariah Index was 30.37 points higher at 13,039.86.
The FBM 70 Index jumped 50.40 points to 15,364.36 and the FBM Ace surged 81.31 points to 6,683.02.
On a sectoral basis, the Finance Index shed 9.67 points to 16,345.65 and the Plantation Index was 0.01 of-a-point lower at 8,065.99, but the Industrial Index improved 9.40 points to 3,271.62. — Bernama
