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Bursa Malaysia ends firmer

July 30, 2012

KUALA LUMPUR: Bursa Malaysia ended firmer today, in line with regional bourses, driven by continuous gains mostly seen in selected heavyweights, dealers said.

The underlying FTSE Bursa Malaysia KLCI (FBM KLCI) finished 7.41 points higher at 1,632.35 after hovering between 1,623.26 and 1,632.35 throughout the day.

The local market started the day on a positive note as investors took the cue from the powerful surge on Wall Street last Friday and the positive vibes spilled onto regional bourses.

Regionally, Japan’s Nikkei 225 rose 68.8 points to 8,635.44, Hong Kong’s Hang Seng Index jumped 310.44 points to 19,568.86 and Singapore’s Straits Times Index climbed 34.31 points to 3,032.8.

The Finance Index rose 59.52 points to 14,663.72, Plantation Index gained 28.79 points to 8,745.82 and the Industrial Index added 33.42 points to 2,887.93.

The FBM Emas Index advanced 50.22 points to 11,169.04, FBMT100 increased 49.55 points to 10,987.78 and the FBM Ace Index earned 26.91 points to 4,372.66.
Gainers outpaced losers 426 to 305 while 334 counters closed unchanged, 523 untraded and 23 others were suspended.

Total volume appreciated to 1.229 billion shares, valued at RM1.285 billion, from 978.76 million shares, valued at RM1.71 billion, recorded on Friday.

Among active stocks, Patimas Computers gained 1.5 sen to 10 sen, Biosis Group increased 14 sen to 48 sen and Hubline added half-a-sen to 7.5 sen.

Of heavyweights, CIMB chalked up three sen to RM7.84 while Maybank, Sime Darby and Petronas Chemicals rose one sen each to RM8.76, RM9.83 and RM6.57, respectively.

Of the top gainers, Petronas Gas firmed RM1.30 to RM19.30, Hong Leong Bank improved 34 sen to RM13.80 and AEON rose 20 sen to RM10.98.

Among the top losers, BAT shed RM1.58 to RM60.36, Nestle lost 36 sen to RM60 and Far East Holdings fell 20 sen to RM7.40.

The Main Market volume rose to 995.785 million units, worth RM1.24 billion, from 751.33 million units, valued RM1.67 billion, recorded on Friday.

Turnover on the ACE Market firmed to 171.15 million shares, worth RM35.29 million, from 146.14 million shares, valued at RM27.54 million, preciously.

Warrants, however, declined to 60.051 million units, worth RM8.456 million from 74.79 million units, valued RM9.95 million, registered on Friday.

Consumer products accounted for 154.287 million shares traded on the Main Market, industrial products 116.127 million, construction 27.852 million, trade and services 346.881 million, technology 218.971 million, infrastructure 9.024 million, finance 33.911 million, hotels 1.848 million, properties 65.289 million, plantations 16.773 million, mining 19,000, REITs 4.694 million and closed/fund 105,000.



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