Bursa Malaysia mixed at mid-afternoon

Bursa Malaysia (Bloomberg pic)

KUALA LUMPUR: Bursa Malaysia was mixed at mid-afternoon with the key index recouping early losses to turn slightly higher on renewed buying momentum in selected heavyweights.

At 3.05pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) inched up 0.50 of-a-point to 1,776.25 from Monday’s close of 1,775.75. The index opened 2.72 points weaker at 1,773.03.

On the broader market, losers led gainers 395 to 342, while 364 counters were unchanged, 776 untraded and 23 others suspended.

Turnover stood at 1.20 billion shares worth RM808.62 million.

Among heavyweights, Axiata jumped eight sen to RM4.37, Petronas Chemicals rose three sen to RM9.38, Hong Leong Financial Group gained 16 sen to RM19.32, Petronas Dagangan improved 10 sen to RM26.10 and Malaysia Airports gained five sen to RM8.62.

Maybank, TNB and CIMB were all flat at RM9.65, RM15.38 and RM6.04, respectively, Public Bank eased two sen to RM24.96, Maxis fell two sen to RM5.68 and IHH Healthcare was one sen lower at RM5.29.

For actives, Sapura Energy inched up half-a-sen to 37.5 sen, Gamuda rose two sen to RM2.45, Hibiscus Petroleum jumped seven sen to RM1.27 and Reach Energy added 3.5 sen to 46 sen.

The FBM Emas Index rose 12.24 points to 12,324.32, the FBMT 100 Index went up 13.02 points to 12,140.08 and the FBM Emas Shariah Index improved 12.52 points to 12,384.86.

The FBM Ace Index advanced 18.53 points to 5,188.0, while the FBM70 added 52.65 points to 14,325.45.

Sector-wise, the Plantation Index eased 4.81 points to 7,488.76, the Industrial Products and Services Index edged up 0.12 of-a-point to 175.17 and the Financial Services was 14.86 points higher at 17,693.46.