KL shares end marginally higher midweek

A dealer said overall sentiment was still cautious ahead of the release of several economic data scheduled for this week.

Locally, the manufacturing Purchasing Managers' Index (PMI) is due for release tomorrow while the US will release its jobs data on Friday.

He added the positive growth seen from Malaysia's Producer Price Index (PPI) data released by the Department of Statistics yesterday did little to spur movement on Bursa Malaysia.

The PPI for local production increased 7.5 per cent for April 2017 compared to the same month last year, but declined by 0.9 per cent compared to the previous month. Among heavyweights, Maybank advanced eight sen to RM9.44, TNB and Public Bank were both flat at RM13.78 and RM20.06, while Sime Darby eased two sen to RM9.32 and Maxis declined 25 sen to RM6.15.

IHH Healthcare led the top actives list, but edged down eight sen to RM5.79, Berjaya Sports declined 11 sen to RM2.50, while AirAsia X and Netx Holdings rose half-a-sen each to 40 sen and 6.0 sen respectively.

Petronas Dagangan led the list of top gainers, adding 64 sen to RM24.60, while top loser Panamy fell RM1.22 to RM35.12.

The FBM Emas Index was one point lower at 12,569.90, the FBMT 100 Index added 1.57 points to 12,214.65 while the FBM Emas Shariah Index shed 45.83 points to 12,804.02.

The FBM Ace fell 86.84 points to 6,132.41 and the FBM 70 decreased 6.05 points to 14,915.66.

Sector-wise, the Finance Index jumped 137.40 points to 16,520.08, the Industrial Index decreased 12.55 points to 3,247.81 and the Plantation Index was down 41.31 points at 7,968.89.

Main Market turnover rose to 2.04 billion units worth RM5.07 billion from 1.76 billion units worth RM2.03 billion on Tuesday.

Volume on the ACE Market shrank to 418.07 million units valued at RM75.90 million, from 607.09 million units valued at RM99.25 million.

Warrants improved to 278.38 million units valued at RM26.86 million from 231.52 million units valued at RM20.82 million previously.

Consumer products accounted for 107.89 million shares traded on the Main Market, industrial products ( 354.60 million), construction ( 100.77 million), trade and services (825.36 million), technology (66.02 million), infrastructure (49.68 million), SPAC (2.92 million), finance (161.16 million), hotels ( 786,600), properties ( 296.44 million), plantations ( 61.26 million), mining ( 0), REITs (11.76 million), and closed/fund (96,000).