Bursa ends week on positive note

BURSA Malaysia finished on a positive note yesterday, tracking the better performance of commodities such as Brent oil and crude palm oil.

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) increased 6.80 points, or 0.41 per cent, to end at the day’s high of 1,682.23 from Thursday’s close of 1,675.43.

The index opened 3.91 points weaker at 1,672.24 in the morning and moved between 1,672.09 and 1,682.23 throughout the day.

Market breadth was positive with gainers trumping losers 474 to 338, while 403 counters were unchanged, 672 untraded and 22 others suspended.

However, turnover fell to 2.23 billion units valued at RM3.05 billion

from 2.27 billion units worth RM2.28 billion on Thursday.

Petronas Chemicals rose 19 sen to RM8.56 while Sime Darby Plantation gained 18 sen to RM4.96.

Among the heavyweights, Maybank was flat at RM8.94, Public Bank dipped two sen to RM23.06 while Tenaga improved two sen to RM13.90.

Among the active stocks, cleanroom gloves exporter CE Technology Bhd, which made its debut on Bursa Malaysia’s Leading Entrepreneur Accelerator Platform (LEAP) Market yesterday, rose five sen to 29 sen, Iskandar Waterfront inched up six sen to RM1.10 and Ekovest improved one sen at 85.5 sen.

The FBM Emas Index appreciated 63.23 points to 11,849.51, the FBMT 100 Index increased 63.45 points to 11,704.01 and the FBM Emas Shariah Index advanced 77.66 points to 12,210.42.

The FBM 70 jumped 145.50 points to 14,699.10 and the FBM ACE went up 35.42 points to 4,397.34.

Sector-wise, the Financial Services Index rose 54.56 points to 16,746.56, the Industrial Products and Services Index edged up 1.6 points to 162.12 and the Plantation Index was 48.79 points higher at 7,019.54.

Main Market volume appreciated to 1.5 billion shares worth RM2.85 billion from 1.36 billion shares valued at RM2 billion recorded on Thursday.

Warrants turnover fell to 450.77 million units worth RM98.29 million versus 540.16 million units valued at RM110.51 million.