KLCI Increases As Bursa Volume Surpasses 12 Billion Values



[ad_1]

KUALA LUMPUR (Nov 12): Bursa Malaysia resumed afternoon trading in positive territory, thanks to persistent buying support on index-linked counters and small-cap stocks.

At 3:15 p.m., the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) index rose 14.53 points to 1,584.61 after fluctuating between 1,558.71 and 1,584.61 during the day.

Despite mixed regional markets, the overall breadth of the market in Bursa was positive with the winners defeating the losers from 717 to 459, while 383 accountants remained unchanged, 603 untraded and another 27 suspended.

The total volume stood at 12.45 billion shares worth RM3.76 billion.

Among heavyweights, Maybank pocketed 10 sen to RM7.79, Public Bank increased 24 sen to RM17.92, Tenaga added two sen to RM11.36 and Petronas Chemicals increased six sen to RM6.61.

Rising hopes for the Covid-19 vaccine led Top Glove down 13 sen to RM7.73 and Hartalega down 28 sen to RM15.22.

Of the assets, AT Systematization fell six sen to 21 sen, Metronic rose four sen to 12.5 sen, Lambo rose half a sen to 4.5 sen, while Compugates and DGB were stable at 2.5 sen and 4.5 sen, respectively.

On the index board, the FBM Emas index was 87.27 points higher to 11,378.16, the FBMT 100 index rose 86.82 points to 11,175.34, the FBM Emas Shariah index improved 53.13 points to 13,279.7, and the FBM 70 expanded 52.22 points to 14,613.51.

However, the FBM ACE decreased 14.96 points to 11,276.83.

The Industrial Products and Services Index added 1.41 points to 153.99, the Plantations Index rose 69.3 points to 7,247.08 and the Financial Services Index jumped 173.33 points to 13,582.68.



[ad_2]