Wah KLCI hit 14 month highto reach 1202.07...So do you guy gain today?..I gain abit only...because my current holding are second and third liner..i think 2molo will see the second and third liner move..after today blue chip move lioa...Please hold on to your sit belt for the roller coaster ride.....
KUALA LUMPUR, Sept 8 — Share prices on Bursa Malaysia ended higher today despite some profit taking activities which emerged after recent gains.
Strong fund buying of selected heavyweights also lifted the key index to close at a 14-month high, a dealer said.
At 5pm, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI)ended one per cent or 11.68 points higher at 1,202.07, supported mostly by Sime Darby, Tanjong and IOI Corporation.
The key index opened 0.29 of a point higher at 1,190.68 this morning.
The FBMEmas advanced 67.27 points to 8,093.82, the FBM Top 100 surged 70.07 points to 7,874.83 and the FBM70 advanced 45.23 points to 7,946.16.
The FBM Ace Index, however, eased 18.83 points to 4,122.55.
The Finance Index climbed 60.16 points to 9,692.36, the Industrial Index gained 43.20 points to 2,650.74 while the Plantation Index jumped 92.34 points to 5,925.23.
Advancers led decliners 393 to 277 while 254 counters were unchanged, 353 untraded and three others were suspended.
The market undertone remained positive with volume amounting to 790.899 million shares valued at RM1.398 billion compared with Monday’s 388.725 million shares worth RM627.801 million.
Topping actives, KNM Group edged up half-a-sen to 74 sen, Genting Malaysia advanced three sen to RM2.92 while Genting Singapore (C) gained two sen to 41 sen.
Axiata Group, which received shareholders’ approval for its proposed merger with Spice Communications Ltd, gained four sen to RM3.14.
Kumpulan Jetson rose six sen to RM1.34 while its ICULS perked eight sen to RM1.19 following news that Naza brothers had offered to increase its stake in the company to 43 per cent.
The top gainer was Sime Darby which climbed 33 sen to RM8.60 while Berjaya Land-ICULS lost 22 sen to RM3.46.
Among heavyweights, Tanjong surged 24 sen to RM15.90 and IOI Corporation advanced 18 sen to RM5.26.
Maybank gained five sen to RM6.55 and Bumiputra-Commerce advanced 14 sen to RM10.48.
Volume on the main market increased to 687.505 million shares worth RM1.370 billion compared with yesterday’s 611.084 million shares valued at RM1.047 billion.
However, the ACE market volume declined to 36.731 million shares valued at RM7.037 million versus 42.665 million shares worth RM9.681 million recorded yesterday.
Warrants surged to 63.271 million shares worth RM19.272 million from 52.556 million shares valued at RM15.445 million previously.
Consumer products accounted for 43.154 million shares traded on the main market, industrial products 164.085 million, construction 81.349 million, trade and services 207.570 million, technology 18.145 million, infrastructure 18.674 million, finance 61.360 million, hotels 1.630 million, properties 73.547 million, plantations 15.959 million, mining 1,000, REITs 2.011 million and closed/fund 18,000 shares. — Bernama
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