Share Prices End Week On High Note

Share prices on Bursa Malaysia ended the week on a high note with value breaching RM1 billion amid last minute nibbling by investors on selective index-linked counters, said a dealer.

At close, the FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) was 5.08 points higher at 1,178.74.It had opened 1.54 points higher at 1,175.2.

"However, the market remained cautious ahead of the US payroll data," the dealer highlighted.

The Industrial Index shed 3.12 points to 2,586.31, the Plantation Index added 25.80 points to 5,787.94, the Finance Index rose 68.58 points to 9,526.69 and the FBM Top 100 increased 30.19 points to 7,729.36.

The FBM70 went up 18.22 points to 7,824.48 and the FBM Ace Index advanced 30.68 points to 4,132.17.
Advancers thumped decliners by 402 to 218, while 233 counters were unchanged and 399 others untraded.
Turnover rose to 609.163 million shares worth RM1.075 billion from 588.547 million shares worth RM985.374 million on Thursday.
Among the top losers, British American Tobacco fell 60 sen to RM44.98, Mitrajaya-WA slipped 38.5 sen to 11.5 sen and Pharmaniaga shed 30 sen to RM4.00.

The biggest gainers were Far East Holdings Bhd which jumped 45 sen to RM6.45 while Dayang Enterprise perked 25 sen to RM1.42 and Dutch Lady firmed 20 sen to RM11.30.

Among the active stocks, KNM inched down half-a-sen to 74 sen, Multi-Sports perked half-a-sen to 56.5 sen and TAS Offshore inched up half-a-sen to 83.5 sen.

For the heavyweights, Sime Darby gained one sen to RM8.24, Maybank perked eight sen to RM6.48 while Bumiputra-Commerce and Tenaga Nasional were flat at RM10.22 and RM8.04 respectively and IOI Corp edged up four sen to RM5.07.

Volume on the Main Market jumped to 541.893 million shares worth RM1.059 billion from Thursday's 529.208 million shares worth RM971.068 million.

The ACE market volume shed to 37.055 million shares valued at RM6.239 million from 42.702 million shares valued at RM9.832 million on Thursday. Warrants increased to 27.829 million units worth RM6.239 million from 12.999 million units worth RM3.196 million previously.

Consumer products accounted for 73.413 million shares traded on the Main Market, industrial products 123.665 million, construction 34.974 million, trade/services 172.738 million, technology 25.615 million, infrastructure 14.374 million, finance 42.029 million, hotels 26.118 million, properties 40.994 million, plantations 10.038 million, REITs 1.417 million and closed/fund 20,000.