Bursa Malaysia ends higher, CI up 17.98 pts

Chemicals.

Asian stocks took the cue from Wall Street which set overnight record on optimism about global growth and bets of a US rate rise this month, he said.

“Investors viewed positively US President Donald Trump’s pledge to invest heavily in infrastructure, cut corporate taxes and ease regulations,” he said.

Japan’s Nikkei 225 rose 0.88 per cent to 19,564.80, South Korean Kospi’s improved 0.53 per cent to 2,102.65 and Singapore’s Straits Times added 0.33 per cent to 3,131.37.

Hong Kong’s Hang Seng, however, fell 0.20 per cent to 23,728.07.

Of the heavyweights, Maybank rose 13 sen to RM8.75, Public Bank and TNB gained four sen each to RM19.98 and RM13.58 respectively, Sime Darby improved eight sen to RM9.12 and Petronas Chemicals increased 20 sen to RM7.50.

Among actives, Dagang Nexchange warrant bagged three sen to 21 sen, Dagang Nexchange gained 1.5 sen to 44 sen, sen and Censof Holdings warrant added one sen to 16 sen.

Hibiscus Petroleum was flat at 49 sen.

The FBM Emas Index jumped 125.91 points to 12,107.78, FBM Emas Syariah Index rose 112 points to 12,541.84 and the FBMT100 Index surged 123.47 points to 11,789.31.

The FBM Ace added 28.4 points to 5,261.54 and the FBM 70 jumped 147.41 points to 14,102.83.

On a sectoral basis, the Finance Index climbed 224.18 points to 15,312.07, Industrial Index edged up 21.43 points to 3,256.09 and the Plantation Index rose 60.67 points to 8,138.93.

Main Market turnover rose to 2.36 billion units worth RM2.92 billion versus Wednesday’s 2.31 billion units worth RM2.24 billion.

Volume on the ACE Market decreased to 464.35 million shares valued at RM82.68 million from 497.58 million shares valued at RM69.16 million previously.

Warrants surged to 301.51 units worth RM42.44 million from 209.87 million units worth RM25.36 million previously.

Consumer products accounted for 118.15 million shares traded on the Main Market, industrial products ( 404.08 million), construction ( 172.49 million), trade and services (1.12 billion), technology (207.95 million), infrastructure ( 9.25 million), SPAC (10.86 million), finance (108.82 million), hotels ( 871,200), properties ( 156.80 million), plantations ( 33.77 million), mining (77,500), REITs (15.17 million), and closed/fund (17,400). — Bernama

For further information on stocks and prices, please visit www.bursamalaysia.com.