KL SHARES TURN HIGHER AT MID-MORNING

16 Jul 2013 07:54

KUALA LUMPUR, July 16 (Bernama) -- Share prices on Bursa Malaysia turned higher at mid-morning today on renewed buying interest, seen mostly in key heavyweights led by finance stocks, dealers said. At 11 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) improved 3.15 points to 1,789.82, after opening 1.13 points lower at 1,785.54. Public Bank added two sen to RM17.06, AMMB Holdings increased four sen to RM7.74 and Hong Leong Financial rose six sen to RM14.68.

Market breadth was positive, with 311 gainers to 196 losers, while 270 counters were unchanged, 799 untraded and 30 others suspended. Turnover stood at 480.927 million shares worth RM524.932 million. Meanwhile, the Plantation Index fell 21 points to 8,475.92, but the Industrial Index gained 15.24 points to 3,032.62 and the Finance Index rose 48 points to 17,124.22. The FBM Emas Index increased 25.6 points to 12,466.92, the FBM 70 Index improved 15.89 points to 14,303.74, the FBMT 100 Index added 19.74 points to 12,204.01 and the FBM ACE Index improved 37.7 points to 4,842.15. Among actives, TH Heavy Engineering rose three sen to 88.5 sen and Naim Indah added half-a-sen to 15 sen, while Eastland Equity was flat at 81.5 sen. As for the heavyweights, Maybank was unchanged at RM10.50, CIMB gained seven sen to RM8.42 and Axiata improved one sen to RM6.80. -- BERNAMA AMY AS