KUALA LUMPUR, Aug 10 — Bursa Malaysia ended higher today with buying interests centred on mid-cap and low-priced counters, dealers said.
The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 3.12 points, or 0.263 per cent, to close at 1,188. It opened 5.85 points higher at 1,190.73 in the morning.
The FBM KLCI moved between 1,182.45 and 1,191 today amid slow trading in blue-chips on lack of strong fresh leads except the positive jobs data from the US.
Maybank Investment Bank Bhd head of retail research, Lee Cheng Hooi, said investor interests were seen in industrial, property and financial-related counters.
“The market remains strong as anticipation of a better set of unemployment figures in the US on Friday kept participants in buying mood,” he said.
Data released last Friday showed US employers cut 247,000 jobs in July after shedding a revised 443,000 a month earlier, adding that the drop was less severe than the 275,000 fall forecast by economists.
Lee expected the market to remain at the current level, adding that it would increase between two and three points tomorrow.
The Finance Index rose 27.76 points to close at 9,716.79, the Plantation Index increased 14.87 points to 5,766.35, the Industrial Index fell 2.09 points to 2,608.76 and the FBMEmas Index advanced 30.82 points to 8,051.81.
The FBM Top 100 added 21.94 points to 7,811.69 and the FBM ACE Index was 66.65 points lower at 4,177.9.
Advancers outnumbered decliners by 415 to 266 while 218 counters were unchanged and 364 untraded.
Total turnover declined to 862.677 million shares worth RM1.285 billion from 1.010 billion shares worth RM1.659 billion last Friday.
Leading the actives, KNM Group slipped one sen to 82.5 sen, Land & General rose three sen to 32 sen, Hexza Corp increased 6.5 sen to 68 sen, Jotech Holdings was flat at 9.5 sen.
Of the heavyweights, Sime Darby rose two sen to RM8.28, Maybank declined two sen to RM6.82, Bumiputra-Commerce gained two sen to RM10.68 and Tenaga increased five sen to RM8.20.
Volume on the Main Market fell to 763.366 million shares worth RM1.263 billion from 827.170 million shares worth RM1.620 billion last Friday.
The ACE Market turnover declined to 43.964 million units valued at RM7.742 million from 118.542 million units valued at RM24.356 million previously.
Warrants decreased to 50.719 million shares worth RM11.674 million from 61.127 million shares worth RM12.985 million on Friday.
Consumer products accounted for 39.937 million shares traded on the Main Market, industrial products 243.732 million, construction 50.449 million, trade/services 215.251 million, technology 11.107 million, infrastructure 8.281 million, finance 47.464 million, hotels 1.923 million, properties 123.825 million, plantations 19.488 million, mining 9,000, REITs 1.842 million, and closed/fund 54,200. – Bernama
Show/Hide comments
Show/Hide comment form
