Selangor Journal
Bursa Malaysia
Investors monitor share market prices in Kuala Lumpur, on August 25, 2015. — Picture by REUTERS

FBM KLCI remains higher at mid-afternoon

KUALA LUMPUR, May 17 — Bursa Malaysia extended earlier gains to mid-afternoon, with the key index remaining in the positive territory, thanks to buying support in selected heavyweights led by Sime Darby Plantation.

At 3.03 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.19 points to 1,426.54 compared with Tuesday’s close of 1,423.50.

Sime Darby Plantation surged 16 sen or 3.63 per cent to RM4.57 with 1.22 million shares changing hands. The plantation stock contributed 1.82 points to the composite index.

However, the broader market saw losers outnumbering gainers 403 to 348, while 389 counters were unchanged, 1,116 untraded and 23 others suspended.

Turnover amounted to 1.72 billion units worth RM910.93 million.

As for other heavyweights, Public Bank and Tenaga Nasional gained two sen each to RM3.97 and RM9.75 respectively, IHH Healthcare added one sen to RM5.93, while Maybank and CIMB were flat at RM8.73 and RM4.99 respectively.

Petronas Chemicals trimmed four sen to RM7.03.

Among the actives, YTL Corporation rose seven sen to 73.5 sen, Vinvest slipped one sen to 7.5 sen, while both Metronic and Classita shed half-a-sen to 1.5 sen and 14.5 sen respectively.

On the index board, the FBM Emas Index increased 26.15 points to 10,445.53, the FBMT 100 Index garnered 25.2 points to 10,140.69, the FBM Emas Shariah Index advanced 31.87 points to 10,811.25, and the FBM 70 index climbed 48.77 points to 13,542.12.

The FBM ACE Index, however, lost 30.04 points to 4,970.53.

Sector-wise, the Energy Index bagged 2.11 points to 836.05, the Financial Services Index put on 7.97 points to 15,539.11, the Plantation Index surged 107.31 points to 7,041.03, and the Industrial Products and Services Index added 0.05 of-a-point to 166.79.

— Bernama

Top Picks

Turkey says ending Israel’s occupation of Palestinian territories is ‘first priority’

Editor Selangor Journal

MOE emphasises safety guidelines for school outdoor activities

Editor Selangor Journal

Parents, teachers urged to assess students’ health for outdoor activities — Health Minister

Editor Selangor Journal