Heavyweights lift Bursa Malaysia to close the week higher

due to bullish global equities fol lowing strong private payrolls data from the United States, which added 253,000 jobs in May, beating a Reuters poll of 185,000.

“Local equities were in a consolidation mode in May. We see some investors now taking the opportunity to accumulate on weakness, given improving fundamentals and receding external geopolitical risks,” he added.

Among heav ywei ght s , Maybank rose 11 sen to RM9.53, TNB gained two sen to RM13.80, Public Bank added eight sen to RM20.12 and Sime Darby improved 28 sen to RM9.60.

On ac t ive s , Daga n g Nexchange was 5.5 points better at 51 sen, while Borneo Oil and China Automobile were f lat at 12.5 sen and one sen respectively.

The FBM Emas Index was 123.62 points higher at 12,682.26, the FBMT 100 Index gained 120.88 points to 12,325.33 and the FBM Emas Shariah Index improved 146.89 points to 12,894.35.

The FBM Ace surged 184.89 points to 6,352.48 and the FBM 70 jumped 242.11 points to 15,178.71.

Sector- wise, the Finance Index was up 133.1 points to 16,703.87, the Industrial Index increased 49.06 points to 3,300.58 and the Plantation Index was 37.07 points higher at 7,955.98.

Main Market turnover increased to 1.62 bi l l ion units worth RM2.43 billion from 1.53 billion units worth RM2.12 bi l l ion recorded previously.

Volume on t he ACE Market improved to 494.59 mi l l ion units valued at RM96.03 million from 443.79 million units valued at RM84.53 million.

Warrants rose to 283.92 million units worth RM36.85 million from 228.52 million units worth RM25.06 million previously,

C on sume r pr o duc t s accounted for 109.8 million shares traded on the Main Market, industrial products ( 395.96 million), construction ( 92.63 mil lion), trade and services ( 673.1 mil l ion) , technology ( 88.13 million), infrastructure ( 5.01 million), SPAC (150,500), finance (103.72 mi l lion), hotels ( 732,900), properties ( 132.34 million), plantations ( 17.6 million), mining ( 2,000), REITs ( 9.48 mil lion), and closed/ fund ( 21,500).

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