Bursa prices close higher, FBM KLCI at new high
KUALA LUMPUR, Aug 14 – Share prices on Bursa Malaysia closed higher as the market moved into positive territory in the late afternoon session in tandem with advances in regional markets, dealers said.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 6.58 points to a new-all-time-high of 1,652.90.
Dealers said market sentiment was boosted by expectations of stimulus measures by central banks globally to boost economic growth.
The Finance Index surged 27.67 points to 14,816.79, the Industrial Index surged 28.34 points to 2,917.96 and the Plantation Index rose 2.29 points to 8,731.01.
The FBM Emas Index surged 39.26 points to 11,300.43 and the FBMT100 Index advanced 40.82 points to 11,124.41.
The FBM70 Index rose 29.72 points to 12,440.10 and the FBM Ace Index increased 17.83 points to 4,460.01.
Advancers outnumbered decliners 362 to 349 while 325 counters were unchanged, 594 others untraded and 24 suspended.
Turnvover increased to 1.015 billion shares worth RM1.255 billion from 982.567 million shares worth RM1.226 billion yesterday.
As for actives, Permaju Industries rose four sen to 58 sen, Ingenuity Solutions warrants gained half a sen to 10 sen, Naim Indah however, slipped one sen to 32 sen and Ingenuity Solutions increased 1.5 sen to 19 sen.
Among heavyweights, Maybank rose two sen to RM8.95, CIMB rose two sen to RM7.95 while Sime Darby was unchanged at RM9.80 and Petronas Chemicals increased one sen to RM6.62. – Bernama