Share prices end morning session higher amid positive regional sentiment: KUALA LUMPUR, Sept 5 — Share prices on Bursa Malaysia ended the morning session higher on continued buying support and in line with positive regional sentiment, dealers said. The FTSE Bursa Malaysia KLCI (FBM KLCI) closed the midday trading at 1,722.76, up six points or 0.35 per cent, after fluctuating between 1,718.56 and 1,723.69 throughout the morning session. Advancers overwhelmed decliners 389 to 161, with 267 counters unchanged, 748 untraded and 13 suspended. Turnover stood at 838.22 million shares worth RM642.77 million. A dealer said regional investors were confident of the Federal Reserve data released overnight that showed that the US economy grew at a “modest to moderate” pace in July and August. “This gave Wall Street a boost, and helped regional markets such as Hong Kong and South Korea to move higher,” he said. On the scoreboard, the Finance Index rose 73.6 points to 16,120.07 and the Industrial Index added 15.13 points to 2,904.23, while the Plantation Index fell 9.79 points to 8,124.54. The FBM Emas Index was up 45.76 points to 11,955.37, the FBMT100 42.67 points at 11,714.52, the FBM 70 Index 57.26 points to 13,597.12 and the FBM ACE Index 28.71 points to 4,922.19. Of the actives, Asia Media and AT Systematization earned half a sen each to 11.5 sen and 12 sen respectively, Integrated Rubber Corp added 3 sen to 38 sen while Compugates Holdings was flat at 5 sen. Heavyweights Maybank added 6 sen to RM9.89 and CIMB 3 sen to RM7.20. Axiata was flat at RM6.75 while Sime Darby eased 1 sen to RM9.41. — Bernama dlvr.it/3vzjZJ
Posted on: Thu, 05 Sep 2013 07:10:41 +0000
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