KUALA LUMPUR, Feb 11 (Bernama) -- Bursa Malaysia ended higher today as buying on selected blue chips continued, said a brokerage. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.85 points or 0.51 per cent to 1,756.39 from Tuesday’s close of 1,747.54. The barometer index opened 3.69 points higher at 1,751.23 before moving as low as 1,745.51 in early trade to as high as 1,757.15 during the mid-afternoon session. Market breadth was positive with gainers leading losers 575 to 474, while 549 counters were unchanged, 1,087 untraded and 11 suspended. Turnover expanded to 2.55 billion units valued at RM3.06 billion from yesterday’s 2.19 billion units valued at RM2.35 billion.
The FBM KLCI index gained 4.15 points or 0.25% on Tuesday. The Finance Index increased 0.50% to 14696.66 points, the Properties Index up 0.69% to 1159.57 points and the Plantation Index rose 0.10% to 7900 points. The market traded within a range of 7.63 points between an intra-day high of 1673.57 and a low of 1665.94 during the session.
Actively traded stocks include SUMATEC, HOVID, IFCAMSC, REACH-WA, HIBISCS, VIZIONE-OR, GPACKET, SUMATEC-WB, BIOHLDG-WA and SCOMI. Trading volume increased to 2683.74 mil shares worth RM2107.28 mil as compared to Monday’s 1804.35 mil shares worth RM1452.13 mil.
Leading Movers were MAXIS (+17 sen to RM6.18), GENM (+10 sen to RM4.85), BAT (+86 sen to RM46.28), PPB (+30 sen to RM16.38) and HAPSENG (+15 sen to RM9.00). Lagging Movers were PETGAS (-42 sen to RM20.98), TENAGA (-12 sen to RM13.80), ASTRO (-2 sen to RM2.70), YTL (-1 sen to RM1.52) and PETCHEM (-3 sen to RM7.17). Market breadth was positive with 414 gainers as compared to 368 losers.
The KLCI closed higher with last minute spike before the closing bell rang at 1672.05 points amid overnight mixed performance in US market. The performance of our local bourse was lifted by buying interest in heavy weight counters such as Maxis, Genting Malaysia and Genting Berhd.
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