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NewsKL shares close sharply higher
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KL shares close sharply higher
by hlk Fri 02 Mar 2012, 19:46
KUALA LUMPUR: Share prices on Bursa Malaysia closed sharply higher today, prompted by firmer regional markets, dealers said.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 10.330 points to close at 1,583.78.
Head of retail research of Affin Investment Bank, Dr Nazri Khan, the FBM KLCI was expected to test the 1,600 level next week, surpassing the all-time high of 1,597 in July 2011.
The Finance Index surged 102.94 points to 14,129.75, Industrial Index gained 10.03 points to 2,926.77 and the Plantation Index rose 26.09 points to 8,678.21.
The FBM 70 Index increased 50.99 points to 12,316.25, FBM ACE Index added 48.28 points to 4,702.23 and the FBM Emas Index rose 68.14 points to 10,946.89.
Advancers led losers by 540 to 276 while 330 counters were unchanged, 350 untraded and 20 others were suspended.
Turnover rose to 1.63 billion shares worth RM1.93 billion from 1.62 billion shares worth RM2.02 billion yesterday.
Among actives, Naim Indah Corp slipped 1.5 sen to 51.5 sen, Kumpulan Hartanah Selangor rose 6.5 sen to 62.5 sen, Flonic Hi-Tec gained half sen to 15 sen and Silver Bird was unchanged at 20.5 sen.
In heavyweights, Maybank rose two sen to RM8.77, Sime Darby was up five sen to RM9.98, Petronas Chemicals gained 15 sen to RM6.90 and CIMB increased 16 sen to RM7.33.
Volume on the Main Market increased to 1.11 billion shares worth RM1.85 billion from 1.09 billion shares worth RM1.94 billion yesterday.
Turnover on the ACE market rose to 337.362 million units valued at RM58.67 million from 333.13 million units valued at RM57.12 million on Thursday.
Warrants fell to 180.704 million shares worth RM30.04 million from 186.4 million shares worth RM29.68 million previously.
Consumer products accounted for 116.9 million shares traded on the Main Market, industrial products 188.5 million, construction 43 million, trade and services 348.8 million, technology 37.2 million, infrastructure 71 million, finance 73.8 million, hotels 882,000 million, properties 188.2 million, plantations 19.3 million, mining 0, REITs 4.2 million and closed/fund 53,100. - Bernama
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 10.330 points to close at 1,583.78.
Head of retail research of Affin Investment Bank, Dr Nazri Khan, the FBM KLCI was expected to test the 1,600 level next week, surpassing the all-time high of 1,597 in July 2011.
The Finance Index surged 102.94 points to 14,129.75, Industrial Index gained 10.03 points to 2,926.77 and the Plantation Index rose 26.09 points to 8,678.21.
The FBM 70 Index increased 50.99 points to 12,316.25, FBM ACE Index added 48.28 points to 4,702.23 and the FBM Emas Index rose 68.14 points to 10,946.89.
Advancers led losers by 540 to 276 while 330 counters were unchanged, 350 untraded and 20 others were suspended.
Turnover rose to 1.63 billion shares worth RM1.93 billion from 1.62 billion shares worth RM2.02 billion yesterday.
Among actives, Naim Indah Corp slipped 1.5 sen to 51.5 sen, Kumpulan Hartanah Selangor rose 6.5 sen to 62.5 sen, Flonic Hi-Tec gained half sen to 15 sen and Silver Bird was unchanged at 20.5 sen.
In heavyweights, Maybank rose two sen to RM8.77, Sime Darby was up five sen to RM9.98, Petronas Chemicals gained 15 sen to RM6.90 and CIMB increased 16 sen to RM7.33.
Volume on the Main Market increased to 1.11 billion shares worth RM1.85 billion from 1.09 billion shares worth RM1.94 billion yesterday.
Turnover on the ACE market rose to 337.362 million units valued at RM58.67 million from 333.13 million units valued at RM57.12 million on Thursday.
Warrants fell to 180.704 million shares worth RM30.04 million from 186.4 million shares worth RM29.68 million previously.
Consumer products accounted for 116.9 million shares traded on the Main Market, industrial products 188.5 million, construction 43 million, trade and services 348.8 million, technology 37.2 million, infrastructure 71 million, finance 73.8 million, hotels 882,000 million, properties 188.2 million, plantations 19.3 million, mining 0, REITs 4.2 million and closed/fund 53,100. - Bernama
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