SHARE PRICES END FIRMER

12 Jul 2013 11:19

KUALA LUMPUR, July 4 (Bernama) -- Share prices on Bursa Malaysia ended firmer today in tandem with regional markets, tracking the favourable overnight performance of US equity markets, dealers said.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) firmed 2.13 points, or 0.12 per cent, to close at 1,771.34.

The key barometer opened 0.39 point higher at 1,769.21 and hovered between 1,768.82 and 1,774.66 throughout the day.

A dealer said there were still concerns over the political tension in Portugal and Egypt, as well as caution over key events such as Friday's US jobs data release. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), however, remained above the immediate support line of 1,750, he added.

On the regional front, China's Shanghai Stock Exchange was up 11.83 points, Indonesia's JKSE appreciated 11.83 points, Japan's Nikkei dropped 36.63 points and Singapore's Straits Times Index added 17.63 points.

On the scoreboard, the Finance Index rose 39.74 points to 16,990.49 but the Industrial Index dipped 2.84 points to 2,995.61.

The Plantation Index inched up 17.41 points to 8,392.42.

The FBM Emas Index gained 26.93 points to 12,319.93, the FBMT100 Index added 16.75 points to 12,080.76, the FBM Mid 70 Index edged up 28.7 points to 14,170.53 while the FBM Ace Index appreciated 74.7 points to 4,708.22.

Gainers led losers by 487 to 221 while 288 counters were unchanged, 570 untraded and 24 others suspended.

Total volume decreased to 1.176 billion shares worth RM1.578 billion from 1.247 billion shares worth RM2.102 billion yesterday.

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