KUALA LUMPUR: Share prices on Bursa Malaysia closed higher on Monday, June 14, tracking last Friday's strong finish on Wall Street and the firmer regional markets, dealers said.
Gains in most key heavyweight pushed the FTSE Bursa Malaysia Composite Index (FBM KLCI) 2.49 points or 0.19% higher to 1,297.16. It had opened at 1,294.89.
The benchmark index had moved between the 1,294.6 and 1,298.68 levels throughout the trading day.
Dealers said buying interest was active across the board on rising hopes the global economy will see a sustained recovery despite the eurozone's debt woes.
Strong US consumer confidence in June helped the Dow Jones rise 0.38% to 10,211.07 points, while the Nasdaq was up 1.12% to 2,243.60 and the S P 500 went up 0.44% to 1,091.60.
The market's focus was also in line with regional markets, which performed well. The benchmark Nikkei 225 Index gained 174.60 points, or 1.80% to close at 9,880.
"All these positive indicators bring investors back into the markets," a dealer said.
However, the dealer said turnover was low as buyers' attention turned to the World Cup fever that started last Saturday.
In currencies, the ringgit was quoted at 3.26 versus the greenback, while the benchmark crude oil for July delivery was at US$73.78 (RM240.52) a barrel on the New York Mercantile Exchange on Friday.
The Finance Index rose 17.04 points to 11,654.49, the Industrial Index increased 9.7 points to 2,597.51 and the Plantation Index was up 34.99 points at 6,137.52.
The FBM Emas Index gained 21.75 points to 8,737.79, the FBM70 Index went up 37.67 points to 8,665.64 and the FBM Ace Index rose 17.99 points to 3,814.44.
Market breadth was positive with gainers thrashing decliners 302 to 242 while 269 counters were unchanged, 557 untraded and 29 others suspended.
Total volume declined to 502.174 million shares worth RM665.401 million from 733.253 million shares worth RM743.080 million last Friday.
Of the heavyweights, Maybank rose two sen to RM7.45, CIMB Group declined one sen to RM6.90, MISC increased five sen to RM8.48, while Sime Darby and Maxis added one sen each to RM7.81 and RM5.26 respectively.
Of the active stocks, Advance Information Marketing and Talam Corp fell one sen each to 16 sen and 13 sen respectively. Kenmark Industrial fell 2.5 sen to 13 sen, Affin-WC and SAAG Consolidated were flat at 1.5 sen and 8.5 sen.
Among major gainers, drug-making company Pharmaniaga rose 39 sen to RM5.49 after Boustead Holdings Bhd announced plans to take over the company, followed by LPI, which increased 36 sen to RM15.36 while Sinotop went up 30 sen to RM1.37.
Meanwhile, turnover on the Main Market fell to 391.037 million shares valued at RM642.134 from 434.496 million shares, worth RM826.441 million recorded last Friday.
The ACE market volume increased to 91.63 million units, worth RM15.039 from� 45.241 million units, valued at RM6.852 million previously.
Warrants' turnover decreased to 11.959 million units, valued at RM1.688 million from 17.456 million units worth RM2.769 million previously.
Consumer products accounted for 49.894 million shares traded on the Main Market, industrial products 48.337 million, construction 35.474 million, trade and services 95.858 million, technology 16.532 million, infrastructure 5.072 million, finance 44.464 million, hotels 495,200, properties 83.22 million, plantations 11.086 million, mining 1,000, REITs 563,100 and closed/fund 4,000. -- Bernama
? Bernama
Gains in most key heavyweight pushed the FTSE Bursa Malaysia Composite Index (FBM KLCI) 2.49 points or 0.19% higher to 1,297.16. It had opened at 1,294.89.
The benchmark index had moved between the 1,294.6 and 1,298.68 levels throughout the trading day.
Dealers said buying interest was active across the board on rising hopes the global economy will see a sustained recovery despite the eurozone's debt woes.
Strong US consumer confidence in June helped the Dow Jones rise 0.38% to 10,211.07 points, while the Nasdaq was up 1.12% to 2,243.60 and the S P 500 went up 0.44% to 1,091.60.
The market's focus was also in line with regional markets, which performed well. The benchmark Nikkei 225 Index gained 174.60 points, or 1.80% to close at 9,880.
"All these positive indicators bring investors back into the markets," a dealer said.
However, the dealer said turnover was low as buyers' attention turned to the World Cup fever that started last Saturday.
In currencies, the ringgit was quoted at 3.26 versus the greenback, while the benchmark crude oil for July delivery was at US$73.78 (RM240.52) a barrel on the New York Mercantile Exchange on Friday.
The Finance Index rose 17.04 points to 11,654.49, the Industrial Index increased 9.7 points to 2,597.51 and the Plantation Index was up 34.99 points at 6,137.52.
The FBM Emas Index gained 21.75 points to 8,737.79, the FBM70 Index went up 37.67 points to 8,665.64 and the FBM Ace Index rose 17.99 points to 3,814.44.
Market breadth was positive with gainers thrashing decliners 302 to 242 while 269 counters were unchanged, 557 untraded and 29 others suspended.
Total volume declined to 502.174 million shares worth RM665.401 million from 733.253 million shares worth RM743.080 million last Friday.
Of the heavyweights, Maybank rose two sen to RM7.45, CIMB Group declined one sen to RM6.90, MISC increased five sen to RM8.48, while Sime Darby and Maxis added one sen each to RM7.81 and RM5.26 respectively.
Of the active stocks, Advance Information Marketing and Talam Corp fell one sen each to 16 sen and 13 sen respectively. Kenmark Industrial fell 2.5 sen to 13 sen, Affin-WC and SAAG Consolidated were flat at 1.5 sen and 8.5 sen.
Among major gainers, drug-making company Pharmaniaga rose 39 sen to RM5.49 after Boustead Holdings Bhd announced plans to take over the company, followed by LPI, which increased 36 sen to RM15.36 while Sinotop went up 30 sen to RM1.37.
Meanwhile, turnover on the Main Market fell to 391.037 million shares valued at RM642.134 from 434.496 million shares, worth RM826.441 million recorded last Friday.
The ACE market volume increased to 91.63 million units, worth RM15.039 from� 45.241 million units, valued at RM6.852 million previously.
Warrants' turnover decreased to 11.959 million units, valued at RM1.688 million from 17.456 million units worth RM2.769 million previously.
Consumer products accounted for 49.894 million shares traded on the Main Market, industrial products 48.337 million, construction 35.474 million, trade and services 95.858 million, technology 16.532 million, infrastructure 5.072 million, finance 44.464 million, hotels 495,200, properties 83.22 million, plantations 11.086 million, mining 1,000, REITs 563,100 and closed/fund 4,000. -- Bernama
? Bernama
No comments:
Post a Comment