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KL shares remain higher

KL shares

Shares on Bursa Malaysia remained higher across-the-board at mid-morning today on persistent buying in key heavyweights such as Maybank, Sime Darby and Petronas Chemicals.

At 11.08am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,751.25, 6.05 points better from last Friday’s close of 1,745.2.

Earlier, the index opened 1.13 points weaker at 1,744.07.

On the broader market, gainers outpaced decliners 480 to 338, while 351 counters unchanged, 542 untraded and 16 others suspended. Turnover was high at 2.68 billion shares worth RM1.01 billion (£0.18 billion).

Of the heavyweights, Maybank rose eight sen to RM8.98 (£1.63), Sime Darby added one sen to RM9.35 (£1.70) and Petronas Chemicals was two sen better at RM7.45 (£1.36).

Risk Warning:

Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.

There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.

Paul

The author Paul