Bursa Malaysia ends higher on interest in selected heavyweights
The benchmark FTSE Bursa Malaysia KLCI closed 6.02 points higher at 1,680.54 compared with yesterday’s close of 1,674.52. — Picture Ahmad Zamzahuri
The benchmark index opened 0.07 of-a-point higher at 1,674.59 and moved between 1,672.60 and 1,683.25 throughout the day. “However, we also see that there were some profit-taking starting in these second and third liners,” he told Bernama.“For instance, Top Glove, which hit a record high of RM5.21 in February, today went as low as RM4.30 before rebounding to RM4.57, a decline of about 16 per cent. Hence investors are taking chances to invest,” he added.
Among other heavyweights, PBBank and Tenaga added four sen to RM24.48 and RM12.68 respectively, Maybank shed two sen to RM9.47 while PChem was flat at RM9.25. The FBM Emas Index firmed up 47.98 points to 11,759.18, the FBMT 100 rose 46.98 points to 11,602.72, the FBM Emas Shariah Index was 54.66 points higher at 11,748.08, the FBM Ace Index advanced 38.9 points to 4,834.45 and the FBM 70 was up 79.86 points at 14,209.07.
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