SHARE PRICES REMAIN FIRM MID-DAY

12 Jul 2013 11:19

KUALA LUMPUR, July 5 (Bernama) -- Share prices on Bursa Malaysia remained firm mid-afternoon in tandem with regional markets and positive sentiment from European equities, dealers said. At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended 5.1 points higher at 1,776.44, after opening 5.59 points better at 1,774.41.

Puncak Niaga, Panasonic Manufacturing, Petronas Gas and Kossan Rubber were among the top gainers but selling pressure was noted in Tasik Corp, Metal Reclamation and Rapid Synergy.

Key regional markets such as China's Shanghai Stock Exchange was up 4.74 points, Indonesia's JKSE rose 15.86 points, Japan's Nikkei gained 250.90 points and Singapore's Straits Times Index perked 19.30 points.

On the scoreboard, the Finance Index advanced 40.77 points to 17,031.26, the Industrial Index increased 12.84 points to 3,008.45 and the Plantation Index gained 20.99 points to 8,413.41.

The FBM Ace Index added 30.39 points to 4,738.61, the FBMT100 Index improved 39.34 points to 12,120.1 and the FBM Mid 70 Index surged 64.94 points to 14,235.47.

Gainers led losers 445 to 183, while 269 counters were unchanged, 670 untraded and 24 others were suspended.

Volume stood at 851.056 million shares worth RM834.573 million.

Among actives, Jaks Resources added 2.5 sen to 48.5, Flonic added half-a-sen to 9.0 sen while Luster was flat at 10.5 sen and TA Enterprise improved 1.5 sen to 70.5 sen.

As for heavyweights, Maybank dipped two sen to RM10.48 while CIMB Group and Sime Darby were unchanged at RM8.29 and RM9.50 sen, respectively. -- BERNAMA

SOR SOR VMD