 |
| Bursa Malaysia opens higher in early session |
KUALA LUMPUR: Bursa Malaysia opened higher for the second back to back day as market members are all the more ready to deal chase for less expensive quality stocks, a merchant said.
The bullish execution at the beginning of today was upheld by more prominent purchasing premium, which comes in after these market members invested energy to dissect showcase data, AllianceDBS Research said in a note.
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained at 1,648.61, up 1.14 focuses, subsequent to opening 0.52 of-a-point higher at 1,647.99 from yesterday's end of 1,647.47.
The examination firm noticed that the market ought to outfit towards the 1,652-level while support was seen at 1,642.
"A fall underneath the 1,642-level would put weight available to tumble to the resulting support at 1,630," it said.
In the interim, the firmer oil costs because of fall in US unrefined inventories, and additionally spontaneous disturbance in the Organization of the Petroleum Exporting Countries (OPEC) oil yield diminished the gathering's supply.
Among OPEC individuals, Nigeria's day by day yield fell by 200,000 barrels to 1.45 million in December, Saudi Arabia's creation snuck past 50,000 barrels a day while Venezuela's yield declined by 40,000 barrels.
US West Texas Intermediate raw petroleum prospects were exchanging at US$53.26 per barrel, unaltered from their settlement on Wednesday, while Brent raw petroleum fates were yet to exchange, as indicated by Reuters.
On the more extensive market, gainers drove washouts at 139 to 44, with 167 counters unaltered, 1,377 untraded and 24 others suspended.
Turnover remained at 90.75 million shares worth RM31.48 million.
Among heavyweights, MISC went up by eight sen to RM7.35, CIMB and PPBank rose two sen each to RM4.62 and RM19.84, separately, IHH, TM and Genting, every rose one sen to RM6.40, RM6.00 and RM7.95, individually, while PChem added three sen to RM7.14.
Among different gainers, Nestle progressed 72 sen to RM78, PPB added 14 sen to RM16.06, KLK picked up 12 sen to RM24.14, and Panamy expanded 10 sen to RM30.30.
The FBM Emas Index went up 12.70 focuses to 11,547.99, the FBMT100 Index was 10.59 focuses better at 11,258.17, the FBM Emas Shariah Index added 15.72 focuses to 12,134.46 and the FBM Ace put on 4.44 focuses to 4,871.87.
The FBM 70 enhanced 23.21 focuses to 13,200.65.
Segment astute, the Plantation Index enhanced 16.59 focuses to 7,824.04, the Finance Index progressed 16.33 focuses to 14,422.43 and the Industrial Index crept up 6.85 focuses to 3,175.91.
Gold fates contract on Bursa Malaysia Derivatives opened untraded today.
At 9.33am, January 2017, February 2017, March 2017 and April 2017 remained pegged at Wednesday's end of RM168.05, RM168.65, RM169.45 and RM170 a gram, individually.
Turnover was nil while open intrigue added up to 209 contracts.
At 9.30am, the cost of physical gold was 77 sen higher at RM163.47 a gram from RM162.70 a gram at the nearby yesterday.
No comments:
Post a Comment