Bursa Malaysia tracks Asian markets higher

KUALA LUMPUR: The FBM KLCI tracked other Asian markets higher on Thursday, buoyed by gains in banking stocks, YTL Power and QL Resources.

At closing, the market bellwether rose 4.34 points, or 0.28% to 1,544.76, with 18 of the component stocks ending higher while seven counters fell.

The market traded within a range of 9.78 points between an intra-day high of 1,548.46 and a low of 1,538.68 during the session.

On the broader market, gainers outnumbered losers 570 to 469, with 3.84 billion shares worth RM2.62bil changing hands.

Dutch Lady was the top gainer on Bursa Malaysia, rising 90 sen to RM33.22, followed by PIE Industrial, which added 63 sen to RM5.57, Crescendo, which gained 36 sen to RM3.90 and Mega First Corp, which rose 34 sen to RM4.68.

Among the losers, Panasonic Manufacturing slid 16 sen to RM18.80, LPI Capital fell 16 sen to RM11.78, Greatech Technology lost 14 sen to RM4.48 and Hengyuan Refining Co declined 12 sen to RM3.

Among the FBM KLCI component stocks, QL Resources rose 16 sen to RM6.31, Hong Leong Bank gained 10 sen to RM19.38, PETRONAS Gas added 10 sen to RM18.10 and YTL Power climbed nine sen to RM3.99.

Maybank added seven sen to RM9.67, CIMB rose six sen to RM6.59, AmBank gained five sen to RM4.17 and RHB Bank increased one sen to RM5.48.

Elsewhere in the region, Japan’s Nikkei 225 rose 0.31%, Hong Kong’s Hang Seng Index advanced 0.82%, South Korea’s Kospi closed up 1.95% and China’s CSI 300 Index gained 0.12%.

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FBM KLCI , KLCI , Bursa Malaysia


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