Thursday, 13 October 2016

Bursa Malaysia bounced back in early exchange today.

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KUALA LUMPUR : Bursa Malaysia bounced back in early exchange today from yesterday's downtrend, bolstered by restored purchasing interest.

At 9.18am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.14 focuses better at 1,668.17 against Wednesday's end of 1,667.17.

The record had opened 0.27 of a point higher at 1,667.3.

A merchant said supposition on local bourses turned positive overnight, fuelled by the possibility of a "moderately soon" US loan cost climb.

Showcase broadness was certain with gainers driving failures 152 to 115, while 202 counters were unaltered, 1,188 untraded and 17 others suspended.

Turnover remained at 159.09 million shares worth RM49.26 million.

Of the heavyweights, Public Bank increased two sen to RM19.78, Maybank added one sen to RM7.67, while Tenaga was level at RM14.38.

Petronas Chemicals slipped one sen to RM6.80 and IHH Healthcare trimmed three sen to RM6.45.

Of the dynamic counters, Perisai Petroleum facilitated one sen to 6.5 sen, while Hibiscus Petroleum was level at 26.5 sen.

The FBM Emas Index rose 10.85 focuses to 11,783.29, the FBM Emas Syariah Index livened 8.82 focuses to 12,442.9, the FBMT 100 Index was up 10.22 focuses to 11,481.71 and the FBM 70 expanded 20.67 focuses to 13,789.22.

In any case, the FBM Ace declined 4.76 focuses to 5,227.6.

The Plantation Index stowed 3.51 focuses for 7,947.06 and the Industrial Index increased 5.65 focuses to 3,145.73.But, the Finance Index facilitated 1.01 focuses to 14,280.26.

Gold fates contracts on Bursa Malaysia Derivatives were untraded at the opening for the third exchanging day on an absence of purchasing interest, merchants said.

October 2016, November 2016, December 2016 and January 2017 were cited at RM169.5, RM169.9, RM170.25 and RM170.4 a gram separately.

With volume at nil, open intrigue added up to 256 contracts.

At 9.30am, physical gold slid by 22 sen to RM163.66 a gram from RM163.88 a gram yesterday.




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