FBM KLCI CLOSES FIRMER

BURSA Malaysia closed firmer on the back of a strong buying momentum in most heavyweights.

The FTSE Bursa Malaysia KLCI (FBM KLCI) was 8.83 points higher at 1,775.39 after moving between 1,774.59 and 1,780.49 throughout the day. It opened 9.73 points higher at 1,776.29 from 1,766.56 on Tuesday.

Market breadth was positive with gainers outpacing decliners 560 to 376, while 404 counters unchanged, 410 untraded and 19 others suspended.

Volume widened to 3.55 billion units valued at RM3.47 billion from 3.23 billion units worth RM2.74 billion on Tuesday.

Among heavyweights, Maybank fell five sen to RM9.31, while TNB and Sime Darby each appreciated by two sen to RM13.92 and RM9.33, respectively.

Of actives, Netx was flat at 9.5 sen, AirAsia X added half-a-sen to 50.5 sen, while Glotec lost halfa-sen to 6.5 sen. Bernama