KL shares close higher

Business Times

KUALA LUMPUR: Bursa Malaysia closed higher today on improved investor sentiment, fuelled by the overnight jump in the Wall Street and Europe stocks, dealers said.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended 7.72 points, or 0.411 per cent, higher at 1,886.84, after hovering between 1,877.84 and 1,886.84.

A dealer said the sentiment tomorrow was expected to be more cautious as the US government would release its non-farm payroll data and trade balance figures.

Regionally, Japan's Nikkei 225 rose to 15,369.97 and Shanghai Composite edged up to 2,059.42, Hong Kong's Hang Seng appreciated to 23,549.62 and Singapore's Straits Times Index eased to 3,259.88.

On the scoreboard, the Finance Index rose 28.979 points to 17,240.11, Plantation Index firmed 38.76 points to 9,232.99 and the Industrial Index gained 13.19 points to 3,251.77.

The FBM Emas Index edged up 59.65 points to 13,089.33, FBMT100 Index improved 55.69 points to 12,713.53, FBM Ace rose 37.98 points to 6,735.08 and the FBM 70 soared 76.6 points to 14,284.79.

Market breadth was positive as advancers outpaced decliners by 470 to 336, with 325 counters unchanged, 478 untraded and 17 others suspended.

Total volume appreciated to 1.878 billion units worth RM2.047 billion from yesterday's 1.712 billion shares worth RM1.654 billion.-- Bernama

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