KUALA LUMPUR: – Bursa Malaysia stayed higher at mid-morning today, upheld by expanded picks up in oil costs, however exchanging was wary, merchants said. – Stock Tips For Tomorrow
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 1.01 focuses to 1,769.29 in the wake of opening 3.87 focuses higher at 1,772.15. It shut on last Friday at 1,768.98.
On the more extensive market, gainers drove washouts 485 to 324, while 355 counters were unaltered, 585 untraded and 20 others suspended.
Turnover remained at 1.74 billion offers worth RM828.73 million.
A merchant said unrefined petroleum costs which remained above US$50 (RM217.35) a barrel, on desires of a supply cut being additionally broadened, is viewed as supporting Asian stocks. – Stock Tips For Tomorrow
“While stocks ought to additionally recuperate today in taking prompt likewise from Friday’s US markets bounce back, a careful feeling still wins, as financial specialists address the supportability of US President Donald Trump’s market changes,” he included.
For heavyweights, Sime Darby picked up 2 sen to RM9.33, Petronas Chemical enhanced 1 sen to RM7.34, Maybank shed 3 sen to RM9.32, while TNB and Public Bank were level at RM13.78 and RM20.00 separately.
Of the actives, Key Alliance Group added 1 sen to 5 sen, AirAsia X rose 2.5 sen to 53.5 sen, while Key Alliance warrant, Dagang Nexchange warrant and Frontken increased 0.5 sen each to 3 sen, 34 sen and 29 sen.
The FBM Emas Index rose 22.91 focuses to 12,708.79, the FBMT 100 Index expanded 18.89 focuses to 12,326.06 and the FBM Emas Shariah Index enhanced 37.64 focuses to 13,047.13. – Stock Tips For Tomorrow
The FBM 70 bounced 67.72 focuses to 15,381.68 and the FBM Ace rose progressed 62.34 focuses to 6,664.05.
On a sectoral premise, the Industrial Index expanded 10.58 focuses to 3,272.80, the Plantation Index was 5.50 focuses higher at 8,071.55, yet the Finance Index shed 6.71 focuses to 16,348.61.