KUALA LUMPUR: Bursa Malaysia extended its gains for the second day early Thursday as sentiment was give a boost by the firmer Wall Street and key Asian markets as investors hoped for a window dressing.
At 9.19am, the FBM KLCI was up 12.19 points or 0.73% to 1,675.46. Turnover was 202.22 million shares valued at RM113.71mil. There were 216 gainers, 105 losers and 150 counters unchanged.
Asian shares and the pound moved higher as investors breathed a sigh of relief after British Prime Minister Theresa May survived a no-confidence vote, and as China appeared to be taking more steps to meet US demands to open its markets, Reuters reported.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.2% in early Asian trade after US stocks finished the previous session higher, amid cautious optimism for progress in Chinese-US trade talks.
Japan's Nikkei stock index gained 0.8%, while Australian shares were up 0.2%.
At Bursa, consumer stocks led the gainers with F&N up RM2 to RM34.32, Nestle 50 sen to RM146 but Carlsberg fell 20 sen to RM19.60.
Among plantations, PPB Group and KL Kepong gained 26 sen each to RM17.24 and RM24.22.
Petronas Gas added 22 sen to RM19.24, Magni-Tech 19 sen to RM4.34, HLFG 18 sen to RM19.10 and MISC 16 sen to RM6.16.
Westports fell seven sen t RM3.73 and CCB six sen to RM1.53.
MyEG recovered seven sen to 91 sen with 48.68 million shares done after it fell in active trade the previous day.
Bumi Armada
was flat at 17.5 sen with 4.58 million shares done.
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