KL shares continues climb at mid-morning

KUALA LUMPUR, April 11 — Bursa Malaysia remained higher at mid-morning today on persistent buying in small capitalisation and selected blue chips.

At 11.08am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.82 points to 1,868.8 from yesterday's closing of 1,860.98.

Gains in Maybank, CIMB, Astro and Sime Darby contributed 4.573 points to the rise in the composite index. The stocks rose six sen, seven sen, 12 sen and nine sen to RM10.54, RM7.11, RM1.90 and RM2.83 respectively.

The FBM SCAP index climbed 220.9 points to 15,058.4.

Overall market breadth on Bursa Malaysia was positive with 668 gainers against 199 losers, while 302 counters were unchanged, 713 untraded and 23 others suspended.

Volume stood at 1.83 billion units valued at RM871.36 million.

Among heavyweights, Tenaga rose eight sen to RM15.98, Petronas Chemicals bagged five sen to RM8.48, while Public Bank was flat at RM23.96.

For actives, Sapura Energy perked three sen to 56.5 sen, Sino Hua-An added three sen to 45.5 sen, while both SKH Consortium and Borneo Oil inched up half-a-sen each to 10 sen eight sen respectively.

The FBM Emas Index chalked up 86.03 points to 13,131.58, the FBMT 100 Index increased 76.85 points to 12,926.92 and the FBM Emas Shariah Index advanced 84.6 points to 13,382.29.

The FBM 70 soared 171.54 points to 15,836.29 and the FBM Ace earned 92.21 points to 5,597.88.

Sectorwise, the Finance Index was 94.3 points higher at 18,194.8 and the Industrial Index gained 23.27 points to 3,252.88.

The Plantation Index, however, fell 56.14 points to 8,044.85 amid news that the crude palm oil stockpile in the country had increased in March due to strong output. — Bernama

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