KUALA LUMPUR, Nov 12 - Share prices on Bursa Malaysia closed mixed today with late buying in most heavyweights pulling the benchmark index into a positive territory, dealers said.
In rangebound trade, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) went up 1.60 points or 0.13 per cent to close at 1,271.75, off its low of 1,262.48. It had opened 0.51 of a point lower at 1,269.64.
“Overall the local bourse was weak today as investors looked to cash in profits from the recent gains but late buying interest by some institutional funds helped push up the key index,” one of the dealers said.
At 5pm, the FBM Emas Index rose 12.90 points to 8,489.17, the FBM Top 100 advanced 12.54 points to 8,283.08 and the FBM 70 climbed 20.72 points to 8,167.90.
The FBM ACE, however gave up 41.54 points to 4,503.74.
The Industrial Index earned 3.0 points to 2,699.73 and the Plantation Index went up 12.78 points to 6,193.71 but the Finance Index was down 5.07 points to 10,892.72.
Losers beat gainers by 379 to 287 while 244 counters were unchanged and 363 others untraded.
The market volume was thinner today with 925.994 million shares worth RM1.243 billion transacted versus 1.099 billion shares worth RM1.169 billion on
Turnover on the Main Market fell to 804.835 million shares worth RM1.210 billion compared to 968.462 million shares worth RM1.134 billion recorded yesterday.
The ACE Market volume also declined to 95.659 million shares worth RM21.426 million from 106.315 million shares worth RM26.538 million.
Warrants’ volume decreased to 12.044 million shares worth RM2.751 million from yesterday’s closing of 15.799 million worth RM3.309 million.
Topping the actives, Sinaria Corporation and Xidelang lost five sen each to 51 sen and 58 sen respectively while Talam edged up half sen to 11 sen.
Hubline rose 1.5 sen to 24.5 sen while its warrants perked up two sen to 13 sen.
F&N was the top gainer, up 40 sen to RM11.40, while the big loser was British American Tobacco which went down 44 sen to RM44.96.
Of the heavyweights, Genting gained 10 sen to RM7.18, AMMB Holdings added 12 sen to RM5.06 and Sime Darby edged up one sen to RM9.09.
Consumer products accounted for 129.893 million shares traded on the Main Market, industrial products 147.996 million, construction 49.661 million, trade and services 268.990 million, technology 46.528 million, infrastructure 14.495 million, finance 60.384 million, hotels 4.476 million, properties 62.848 million, plantations 15.170 million, mining 6,000, Reits 4.273 million, and closed/fund 115,700. — Bernama
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