KUALA LUMPUR, Oct 9 — Bursa Malaysia edged up in the last few minutes of trading in a range-bound market to end marginally higher today, tracking the performance of regional bourses, dealers said.
At close, the key FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.03 points better at 1,764.03 after moving between 1,762.26 and 1,765.48 throughout the day.
It opened 0.35 of a point easier at 1,763.65 from last Friday’s close of 1,764.
Market breadth was positive with gainers led losers 430 to 402 with 415 counters unchanged, 605 untraded and 21 others suspended.
Volume, however, increased to 2.82 billion units, worth RM1.71 billion, from 2.49 billion units, valued at RM1.95 billion recorded on last Friday.
A dealer said with markets in Japan, South Korea and Taiwan closed for public holidays, investors turned their attention to China, as the market there resumed trading after the week-long “Golden Week” holiday.
Asian shares were mostly higher despite the release of China Caixin services purchasing managers’ index (PMI) which showed non-manufacturing activity in China expanded at its slowest levels in almost two years in September.
“Flow of economic news however remained generally supportive of global growth with shares in China touching a 21-month peak,” he added.
Regionally, the Shanghai Stock Exchange Composite Index gained 0.76 per cent to 3,374,38, Singapore’s Straits Times Index added 0.06 per cent to 3,293.30, Indonesia’s Jakarta Composite Index gained 0.15 per cent to 5,914.31, while Hong Kong's Hang Seng slid 0.46 per cent to 28,326.59.
Among heavyweights, Maybank gained one sen to RM9.55, TNB and Petronas Chemicals shed two sen each at RM14.24 and RM7.33 respectively, while Public Bank and Sime Darby were both flat at RM20.56 and RM9.12 respectively.
Of the actives, Hubline added two sen to 13.5 sen, Palette Multimedia gained three sen to 39 sen, Hibiscus Petroleum improved 1.5 sen to 68.5 sen, KNM Group added 2.5 sen to 29 sen while Borneo Oil was flat at 9.5 sen.
The FBM Emas Index fell 3.37 points to 12,594.27, FBMT 100 Index slipped 5.0 points to 12,244.45 and FBM 70 reduced 25.76 points to 15,112.23.
The FBM Ace jumped 95.17 points to 6,760.95 as the FBM Emas Shariah Index edged up 0.07 of-a-point to 12,854.74.
Sector-wise, the Plantation Index was 5.93 points lower at 7,915.30, the Industrial Index eased 1.75 points to 3,213.33 and the Finance Index shed 5.40 points to 16,570.13 .
The Main Market volume was flat at 1.71 billion units worth RM1.53 billion, compared with 1.71 billion units valued at RM1.81 billion last Friday.
Volume on the ACE Market increased to 983.99 million shares valued at RM161.66 million, from 652.57 million shares valued at RM126.12 million, previously.
Warrants volume was higher at 129.72 million units worth RM15.40 million, from 121.17 million units worth RM12.52 million.
Consumer products accounted for 83.19 million shares traded on the Main Market, industrial products (408.33 million), construction (112.55 million), trade and services (673.03 million), technology (120.38 million), infrastructure (9.22 million), SPAC (297,000), finance (37.38 million), hotels (199,600), properties (201.24 million), plantations (59.58 million), mining (7,000), REITs (6.36 million) and closed/fund (4,000). — Bernama
