Share prices remain firm at mid-afternoon

KUALA LUMPUR, Nov 28 ― Share prices on Bursa Malaysia remained firm at mid-afternoon today as sentiment recovered and investors regained risk appetite despite the absence of fresh leads, dealers said.

At 3.05 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.68 points to 1,602.85, after opening at 1,592.83.

A dealer said the local bourse's movement was in line with regional markets which are seemingly on course to end November trading on a positive note.   

The Finance Index rose 41.61 points to 14,928.55 while the Plantation Index declined 22.49 points to 7,844.73 and the Industrial Index decreased 27.17 points to 2,654.13.

The FBM Emas Index was up 27.9 points to 10,919.69, the FBM Mid 70 Index increased 15.229 points to 11,938.05 but the FBM Ace Index shed 12.58 points to 4,179.42.

Decliners led advancers by 364 to 280, while 308 counters were unchanged, 712 untraded and 45 others suspended.

Turnover stood at 795.63 million shares worth RM1.09 billion.

Among actives, Malaysia Airlines fell 16.5 sen to 84.5 sen, Hiap Huat lost two sen to 20 sen and MAS-CK:CW dropped four sen to 3.5 sen.

On heavyweights, Maybank climbed one sen to RM9.03, CIMB and Maxis added four sen each to RM7.54 and RM6.41, respectively, and Axiata rose 27 sen to RM5.89.

Sime Darby fell 27 sen to RM8.98. ― Bernama


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