Share prices remain mixed at mid-day

KUALA LUMPUR, Jan 29 – Share prices on Bursa Malaysia remained mixed at mid-day today, as the lack of a strong catalyst limited overall buying interest, dealers said.

At lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.05 points to 1,639.18, after opening 7.89 points higher at 1,645.02.

The benchmark index hovered between 1,638.31 and 1,646.14 during the whole trading session, supported by gains in plantation counters and selected heavyweights.

KLK gained 20 sen to RM22.06, IOI Corp earned one sen to RM4.94 and TNB added three sen to RM7.08.

On the scoreboard, the Finance Index chalked up 20.05 points to 14,904.44, the Plantation Index increased 3.71 points to 8,035, and the Industrial Index improved 20.05 points to 2,773.38.

The FBM Emas Index was 6.66 points higher at 11,148.75, the FBMT100 rose 9.11 points to 10,999.86, and FBM Ace Index improved 4.81 points to 4,126.79.

The FBM Mid 70 Index, however, decreased 11.35 points to 12,143.69.

Decliners led advancers 362 to 202, with 299 counters unchanged, 794 untraded and 46 others suspended.

Volume stood at 542.927 million shares worth RM720.5 million.

Among actives, Oriented Media gained one sen to 12.5 sen. The Media Shoppe and Patimas lost half-a-sen each to 8.5 sen and 11 sen, respectively.

Of the heavyweights, Maybank rose two sen to RM8.92, Sime Darby went up nine sen to RM9.38 and CIMB advanced five sen to RM7.26, while Axiata fell one sen to RM6.36. – Bernama


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