BURSA MALAYSIA Hits New Year RM1.1 Trillion Market Cap Mark

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FBM KLCI Rousing 2010 Welcome With 19 Months High

Share prices on Bursa Malaysia closed broadly higher on Tuesday with the market capitalisation of listed companies hitting the RM1 trillion mark.

The all-time high market value of Bursa Malaysia of RM1.1 trillion was recorded during the early part of 2007 before the global financial crisis in the second half of 2007.Buying support by foreign and local funds pushed the benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBMKLCI) to touch an intraday high of 1,290.55 before closing 12.49 points or 0.98 per cent higher at 1,288.24, the highest since July last year.

On July 6 last year, the KLCI was renamed FBMKLCI to reflect its global relevance and reach.It had opened 2.51 points higher at 1,278.26 today. Advancers led decliners by 658 to 184 while 180 counters were unchanged and 281 others untraded.
In brisk trading, volume increased to 1.864 billion shares worth RM1.984 billion compared with 1.130 billion shares worth RM990.954 million on Monday.
The Finance Index rose 80.41 points to 11,139.63, the Plantation Index surged 128.22 points to 6,505.08 and the Industrial Index added 16.22 points to 2,681.86.

The FBMEmas Index jumped 96.76 points to 8,658.19, the FBMTop 100 Index increased 89.63 points to 8,435.76, the FBM70 Index surged 121.10 points to 8,498.45 and the FBMACE advanced 117.16 points to 4,474.77.

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