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KL shares wring gains at close

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KL shares wring gains at close Empty KL shares wring gains at close

Post by hlk Wed 01 Aug 2012, 18:03

Share prices on Bursa Malaysia were marginally higher at close today, assisted by gains mostly seen in selected heavyweights, dealers said.

At 5pm, the underlying FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.87 of a point higher at 1,632.47, after moving between 1,626.68 and 1,635.33, throughout the day.

Dealers said that some investors remained on the sidelines as they awaited positive news from meetings of the US and European central banks later today and tomorrow respectively, with regards to further possible stimulus measures.

Regionally, the market was quite mixed with Japan's Nikkei 225 falling 53.21 points to 8,641.85, while Hong Kong's Hang Seng rose 23.57 points to 19,820.38 and the Singapore Straits Times Index increased 16.47 points to 3,052.87.

The Finance Index increased 21.8 points to 14,711.24, while the Industrial Index shed 5.9 points to 2,853.57, and the Plantation Index declined 12.55 points to 8,783.92.

The FBM Emas Index advanced 6.59 points to 11,181.82, the FBMT100 added 7.8 points to 10,999.87, and the FBM70 improved 17.819 points to 12,361.31, while the FBM Ace Index was 10.58 points lower at 4,409.68.

Gainers led losers 383 to 375 while 336 counters closed unchanged, with 513 untraded and 15 others suspended.

Total volume rose to 1.354 billion shares worth RM1.864 billion from yesterday's close of 1.175 billion shares valued at RM1.868 billion. - Bernama
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