Bursa Malaysia Remains In Positive Territory At Mid-Afternoon
KUALA LUMPUR, Oct 14 (Bernama) -- Bursa Malaysia’s key index remained in positive territory at mid-afternoon, supported by sustained buying interest in selected heavyweights led by transportation and logistics as well as banking stocks.
MISC, CIMB and Public Bank collectively contributed 5.82 points to the FTSE Bursa Malaysia KLCI (FBM KLCI). MISC rose 27 sen to RM8.19, CIMB gained 10 sen to RM7.60, and Public Bank added five sen to RM4.75.
At 3 pm, the FBM KLCI increased 6.69 points to 1,623.94 from Tuesday’s close of 1,623.35.
The benchmark index had opened 0.59 points firmer at 1,623.94.
However, market breadth remained negative, with decliners outpacing gainers 562 to 413. A total of 522 counters were unchanged, while 1,358 were untraded and 21 suspended.
Turnover stood at 2.24 billion units worth RM1.67 billion.
Among other heavyweights, IHH Healthcare increased 10 sen to RM8.08, Sunway edged up six sen to RM4.46, AMMB Holdings rose 11 sen to RM6.38, Press Metal Aluminium Holdings gained five sen to RM7.30, and Petronas Chemical Group added three sen to RM4.35
In active trade, Zetrix AI decreased one sen to 5.5 sen and JAKS Resources fell half a sen to 14.5 sen. However, ACE Market debutant Ecosys soared 53 sen to 80 sen, Top Glove advanced 3.5 sen to 89 sen, and Ni Hsin inched up two sen to 41 sen.
Among the top gainers, Malaysian Pacific Industries surged 56 sen to RM41.72, while Hong Leong Financial and United Plantations climbed 24 sen each to RM17.84 and RM30.82, respectively. Bus Cap jumped 20.5 sen to RM1.20 and MI Technovation shot up 20 sen to RM6.70.
Samaiden Group led the losers, falling 25 sen to RM2.82. Pekat Group declined 23 sen to RM2.68, Solarvest erased 20 sen to RM3.90, Critical Holdings fell 18 sen to RM2.64, and Fraser & Neave Holdings lost 18 sen to RM19.98.
Northern Solar Holdings shares hit limit down on Wednesday, prompting Bursa Malaysia to suspend the intraday short-selling (IDSS) of the stock for the rest of the day.
On the index board, the FBM Mid 70 Index gained 28.30 points to 17,406.30, the FBM Emas Index increased 38.47 points to 12,145.21, the FBM Top 100 Index strengthened 41.37 points to 11,939.83, and the FBM Emas Shariah Index improved 14.28 points to 12,088.75.
However, the FBM ACE Index slid 55.68 points to 5,429.67.
Sector-wise, the Energy Index edged down 7.57 points to 827.49, the Industrial Products and Services Index gained 0.52 of a point to 180.22, the Plantation Index added 33.82 points to 8,846.94, and the Financial Services Index improved 119.76 points to 18,885.93.
-- BERNAMA