Tuesday, December 28, 2010

Share prices firmer at close

KUALA LUMPUR: Share prices on Bursa Malaysia closed firmer on Tuesday, Dec 28 as investors put their money in selected index-linked counters, mostly banking and PLANTATION [], dealers said.

The FTSE Bursa Malaysia KLCI (FBM KLCI) which opened 0.74 of a point lower at 1,510.98, moved between 1,509.55 and 1,525.99 before ending 5.72 points higher at 1,517.44.

The top gainers were mostly plantation stocks such as Kuala Lumpur Kepong which jumped 44 sen to RM22.64, Hap Seng Consolidated which rose 36 sen to RM6.59 and PPB Group which increased 34 sen to RM17.10.

The Plantation Index advanced 39.97 points to 8,032.98.

The Finance Index increased 34.49 points to 13,840.5 with Public Bank surging 16 sen to RM12.96, AMMB Holdings adding four sen to RM6.99 and Hong Leong Financial rising nine sen to RM8.98.

The INDUSTRIAL INDEX [] rose 13.30 points to 2,823.97.

The FBM Emas Index went up 36.561 points to 10,358.45, the FBM 70 Index was 33.59 points higher at 10,878.5 and the FBM Ace Index improved 38.78 points to 4,289.9.

Advancers led decliners by 390 to 370 while 294 counters were unchanged, 338 untraded and 37 others suspended.

Total volume improved to 822.881 million units worth RM1.22 billion from Monday's closing of 773.206 million shares valued at RM868.925 million. ' Bernama


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