Interest in heavyweights lift KLSE

Share prices on Bursa Malaysia closed higher today, lifted by interests in heavyweights, especially Petronas-linked companies, dealers said.

Petronas Dagangan advanced 42 sen to RM17.62 and Petronas Chemicals expanded 20 sen to RM5.55.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,803.17, up 6.73 points. The benchmark index fluctuated between 1,788.55 and 1,810.21, after opening 6.48 points lower at 1,789.96.

Dealers said the market rebounded in line with overnight gains on Wall Street after the Greek anti-austerity Syriza party won the general elections in Greece.

"However, the profit-taking following last week's index rally capped the gains," a dealer said.

Among active shares, Sanichi added half a sen to 9.5 sen, Systech gained three sen to 39 sen and Asia Bioenergy inched up two sen to 21 sen.

Of the heavyweights, Tenaga Nasional lost eight sen to RM15.00, Maybank was flat at RM8.92 sen and Public Bank gained six sen to RM18.12.

The FBM Emas Index rose 27.761 points to 12,398.44, FBMT100 Index added 26.39 points to 12,101.02 and the FBM Emas Shariah Index went up 27.761 points to 12,398.44. The FBM 70 declined 43.189 points to 13,413.23. The FBM Ace rose 53.56 points to 6,420.64.

On a sectoral basis, the Plantation Index rose 61.85 points to 7,995.2 and the Finance Index went up 45.93 points to 15,640.31. The Industrial Index trimmed 3.91 points to 3,275.79.

Market breadth was positive with gainers outpacing decliners by 447 to 366, while 314 counters were unchanged, 624 untraded and 23 others suspended.

Total turnover rose to 2.05 billion units valued at RM2.19 billion, from 1.88 billion units valued at RM2.13 billion yesterday.

Main Market volume declined to 1.13 billion units worth RM2.0 billion, from 1.35 billion units worth RM2.0 billion yesterday.

Turnover on the ACE Market increased to 769.63 million units valued at RM142.39 million, from 419.45 million units valued at RM101.33 million on Monday. Warrants went up to 140.51 million units worth RM38.19 million, from 113.19 million units worth RM30.56 million previously.

Consumer products accounted for 102.21 million shares traded on the Main Market, industrial products (218.82 million), construction (56.36 million), trade and services (446.12 million), technology (71.12 million), infrastructure (19.74 million), SPAC (18.19 million), finance (49.37 million), hotels (1.93 million), properties (97.53 million), plantations (36.54 million), mining (33,500), REITs (20.62 million) and closed/fund (50,000). – Bernama, January 27, 2015.


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