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Monday, December 6, 2021

Bursa Malaysia stays in positive territory at mid-morning

KUALA LUMPUR, Sept 7 — Bursa Malaysia stayed in positive territory at midmorning, hovering inside a decent vary as shopping for curiosity in chosen heavyweights supported the barometre index, sellers mentioned.

At 11.00am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 0.60 of-a-point to 1,582.19 from Monday’s shut of 1,581.59.

It opened 0.16 of-a-point higher at 1,581.75.

In the broader market, gainers led losers by 462 to 407, whereas 416 counters have been unchanged, 942 untraded and 25 others suspended.

Turnover stood at 2.13 billion items value RM998.70 million.

Rakuten Sdn Bhd in a be aware in the present day mentioned Wall Street was closed for Labour Day yesterday and a glance at the futures confirmed that each one three main indices have been in positive territory at present, though sentiments remained tentative.

For in the present day, it was reckoned that regional markets could be combined following a broadly encouraging efficiency yesterday whereas for the native bourse, the correction took a grip of the efficiency because the FBM KLCI slipped decrease.

“Nonetheless, the benchmark index managed to remain above the 1,580 degree, exhibiting there could possibly be some bargain-hunting actions.

“Amid the prevailing consolidation, we anticipate the index to development across the 1,575 to 1,585 vary in the present day,” it added.

Among the heavyweights, Maybank slid three sen to RM8.30, Tenaga Nasional shed 4 sen to RM10.30, and IHH Healthcare eased two sen to RM6.33.

Public Bank added one sen to RM4.10 and Petronas Chemicals gained three sen to RM8.13.

Of the actives, KNM elevated 2.5 sen to 31.5 sen and Avillion bagged one sen to 14 sen, whereas Pegasus, TFP Solutions and Hubline have been flat at 1.5 sen, 23 sen and 4 sen, respectively.

On the index board, the FBM Emas Index improved 8.56 factors to 11,589.41, the FBMT 100 Index was 4.6 factors higher at 11,277.08, and the FBM Emas Shariah Index perked 19.04 factors to 12,693.99.

The FBM 70 lifted 7.37 factors to fifteen,211.12 whereas the FBM ACE superior 33.85 factors to 7,309.43.

Sector-wise, the Plantation Index gained 2.41 factors to six,628.12 and the Industrial Products and Services Index inched up 2.0 factors to 202.11, however the Financial Services Index fell 41.68 factors to fifteen,434.54. — eNM

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