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Bursa Malaysia ends morning session marginally higher

11/05/2022 12:59 PM

KUALA LUMPUR, May 11 (Bernama) -- Bursa Malaysia ended the morning trading session marginally higher, taking its cue from a slightly better regional market performance despite heightened volatility, a dealer said.

At lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 2.32 points to 1,556.90 from yesterday’s close of 1,554.58.

The barometer index, which opened 0.9 of-a-point higher at 1,555.48, moved between 1,554.48 and 1,558.95 throughout the session.

On the broader market, gainers edged past losers 374 to 365, while 404 counters were unchanged, 1,100 untraded and 14 others suspended.

Total turnover stood at 1.41 billion units worth RM739.01 million.

Public Investment Bank Bhd said investors are weighing the perks of buying on the market dip against rising caution over the global market outlook.

At press time, Japan’s Nikkei 225 was 0.18 per cent higher at 26,215.42, Hong Kong’s Hang Seng Index rose 1.72 per cent to 19,971.18, while Singapore's Straits Time Index was down 0.58 per cent to 3,215.53.

Among the Bursa heavyweights, Maybank added eight sen to RM9.08, both Public Bank and IHH Healthcare inched up one sen to RM4.65 and RM6.44, respectively, while Petronas Chemicals lost two sen to RM9.87.

Of the actives, CSH Alliance inched up one sen to 12.5 sen, Serba Dinamik fell by one sen to 6.5 sen, Techna-X and Widad gained half-a-sen to 12 sen and 36.5 sen, respectively, and MYEG dropped one sen to 89 sen.

On the index board, FBM Emas Index increased 14.43 points to 11,124.89, FBMT 100 Index gained 13.84 points to 10,801.33, FBM Emas Shariah Index was 11.31 points higher at 11,559.85, FBM ACE added 12.79 points to 5,385.87 and FBM 70 advanced 7.91 points to 13,309.09.

Sector-wise, the Financial Services Index rose 27.21 points to 16,687.65, the Industrial Products and Services Index was 0.03 of-a-point higher at 197.19 and the Plantation Index added 93.44 points to 8,239.54.


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