KUALA LUMPUR: – Bursa Malaysia opened higher today, supported by the positive close in the Wall Street on Friday and more grounded unrefined petroleum costs. (Bursa Malaysia Markets)
At 9.06am (Bursa Malaysia Markets)
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was up 1.45 focuses to 1,764.19 from Friday’s end of 1,762.74.
The list opened 2.31 focuses firmer at 1,765.05 at 9 am.
On the more extensive market, gainers drove failures 215 to 100, while 216 counters stayed unaltered with 1,220 untraded and 26 others were suspended.
Turnover remained at 303.49 million shares worth RM100.31 million.
In a note today, Kenanga Research said the essential pattern of the fundamental list was still immovably positive as it at present remained over all its key basic moving normal (SMA) incline lines.
“We opine that the FBM KLCI is probably going to commence the week on a positive note where overhead resistance are found at 1,776 to 1,800, while underpins at 1,760 to 1,743.
In the mean time, Hong Leong Investment Bank said in spite of the French decision closed with a positive result, speculators may remain sideways and mindful in exchanging the share trading system without clear points of interest on the Bandar Malaysia bargain. Bursa Malaysia Markets
“Subsequently, the FBM KLCI’s upside might be restricted at around 1,770 to 1,780,” it said in a note.
Among heavyweights, Maybank rose five sen to RM9.35, Tenaga expanded two sen to RM13.92, Public Bank was six sen higher at RM20.06 however Sime Darby lost five sen to RM9.27.
IWC shed 92 sen to RM2.16.
Of actives, Netx Holdings increased three sen to 10.5 sen, Globaltec Formation added one sen to eight sen, while AirAsia X was level at 50.5 sen.
The FBM Emas Index rose 9.45 focuses to 12,606.98, the FBMT100 Index was 15.25 focuses higher at 12,237.03, yet the FBM Emas Shariah Index crept down 3.40 focuses to 12,933.36. Bursa Malaysia Markets
The FBM 70 enhanced 38.21 focuses to 15,070.77 and the FBM Ace recuperated 41.40 focuses at 6,342.23.
Division savvy, the Plantation Index was 9.96 focuses weaker at 8,054.37 and the Industrial Index slipped 2.91 focuses to 3,231.76, however the Finance Index progressed 65.97 focuses to 16,304.05.