SHARE PRICES REMAIN FIRM AT MIDDAY

12 Jul 2013 11:19

KUALA LUMPUR, July 4 (Bernama) -- Share prices on Bursa Malaysia remained firm at mid-afternoon today supported by gains in index-linked counters, dealers said. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended 2.95 points higher at 1,772.160,after opening 0.39 of a point better at 1,769.21.

British American Tobacco, Panasonic Manufacturing, Maybank and MISC were among the top gainers with selling pressure seen on Lysaght Galvanized Steel, United Plantations and Aeon Credit Service.

On the key regional markets, China's Shanghai Stock Exchange was 19.77 points up, Indonesia's JKSE rose 19.77 points, Japan's Nikkei dropped 32.59 points and Singapore's Straits Times Index lost 28.25 points.

On the scoreboard, the Finance Index edged up 47.41 points to 16,998.16, the Industrial Index increased 8.750 points to 3,002.98 and the Plantation Index gained 24.14 points to 8,399.15.

The FBM Ace Index added 49.03 points to 4,682.55 and the FBMT100 Index improved 20.65 points to 12,084.66, with the FBM Mid 70 Index rising 26.29 points to 14,168.12.

Gainers led losers 375 to 211, while 995 counters were unchanged.

Volume stood at 527.04 million shares worth RM583.58 million.

Among actives, Idimension Consolidated Bhd depreciated one sen to 14.5 sen, Ingenuity Consolidated declined half-a-sen to 8.5 sen and Jaks Resources Bhd added two sen 47 sen.

As for the heavyweights, Maybank gained four sen to RM10.50 and CIMB Group rose two sen to RM8.27, with Sime Darby flat at RM9.50 sen. -- BERNAMA

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