KUALA LUMPUR: Share prices on Bursa Malaysia closed higher on Thursday, Sept 2, with the benchmark index touching a new high supported by buying
interests on selected key heavyweights, dealers said.
The FTSE Bursa Malaysia KUALA LUMPUR COMPOSITE INDEX [] (FBM KLCI) rose by 9.11 points, or 0.6%, to close at 1,441.07.
The index had opened 5.55 points steadier at 1,437.51. It had touched an intra-day high of 1,441.8, surpassing the 1,439.49 points set on Jan 18, 2008.
A dealer said the key index was supported by strong participation by the local and foreign funds.
"The fundamentals of the benchmark index are still better compared to its regional peers," he said, adding that the gains on Wall Street overnight and the strengthening of the ringgit also provided support for the local market.
As of yesterday, Bursa Malaysia's website showed foreign participation jumped 40.7% in value.
The Finance Index surged 60.63 points to 12,949.83, PLANTATION [] Index gained 51.22 points to 6,642.5 and the INDUSTRIAL INDEX [] rose 26.1 points to 2,770.8.
The FBM Emas Index increased 70.19 points to 9,598.74, FBM70 [] Index advanced 83.561 points to 9,329.66 and the FBM ACE index rose 34.97 points to 3,716.43.
Turnover increased to 1.075 billion shares valued at RM1.87 billion from 949.219 million shares valued at RM2.077 billion yesterday. Advancers outnumbered decliners by 511 to 256 while 258 counters were unchanged, 341 untraded and 36 suspended. -- Bernama
interests on selected key heavyweights, dealers said.
The FTSE Bursa Malaysia KUALA LUMPUR COMPOSITE INDEX [] (FBM KLCI) rose by 9.11 points, or 0.6%, to close at 1,441.07.
The index had opened 5.55 points steadier at 1,437.51. It had touched an intra-day high of 1,441.8, surpassing the 1,439.49 points set on Jan 18, 2008.
A dealer said the key index was supported by strong participation by the local and foreign funds.
"The fundamentals of the benchmark index are still better compared to its regional peers," he said, adding that the gains on Wall Street overnight and the strengthening of the ringgit also provided support for the local market.
As of yesterday, Bursa Malaysia's website showed foreign participation jumped 40.7% in value.
The Finance Index surged 60.63 points to 12,949.83, PLANTATION [] Index gained 51.22 points to 6,642.5 and the INDUSTRIAL INDEX [] rose 26.1 points to 2,770.8.
The FBM Emas Index increased 70.19 points to 9,598.74, FBM70 [] Index advanced 83.561 points to 9,329.66 and the FBM ACE index rose 34.97 points to 3,716.43.
Turnover increased to 1.075 billion shares valued at RM1.87 billion from 949.219 million shares valued at RM2.077 billion yesterday. Advancers outnumbered decliners by 511 to 256 while 258 counters were unchanged, 341 untraded and 36 suspended. -- Bernama
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