Bursa shares close mix with FBM KLCI at new high
KUALA LUMPUR, July 5 – Share prices on Bursa Malaysia closed mixed as sentiment turned cautious ahead of the European Central Bank’s meeting later today where key decisions concerning the eurozone debt crisis will be made, dealers said.
The benchmark FBM KLCI, however, rose 0.68 of a point to 1,614.43, driven by late buying interest in selected stocks which pushed the market barometer to its new high.
The FBM KLCI, yesterday hit a record level of above 1,611.50. However, it, slipped below the 1,611.50-level earlier today, succumbing to selling pressure in view of external weaknesses.
The Finance Index declined 22.92 points to 14,383.43.
The Plantation Index, however, gained 40.39 points to 8,696.79 and the Industrial Index increased 10.23 points to 2,861.44.
The FBM Emas rose 14.511 points to 11,040.86, the FBM Ace Index rose 19.95 points to 4,341.50 and the FBM 70 Index gained 47.90 points to 12,117.49.
Gainers led losers by by 376 to 370 while 344 counters were unchanged, 481 untraded and 18 others suspended.
Turnover was higher at 1.116 billion shares worth RM1.388 billion from 1.082 billion shares worth RM1.696 billion yesterday.
Among actives, Felda Global Ventures call warrant rose two sen to 17 sen, Luster Industries slipped half a sen to 9.5 sen, GPRO Technologies gained two sen to 19 sen while Felda Global Ventures slipped two sen to RM5.48.
As for heavyweights, Maybank slipped five sen to RM8.67, Sime Darby was unchanged at RM9.93, CIMB fell four sen to RM7.66 and Petronas Chemicals declined two sen to RM6.60. – Bernama