Bursa Malaysia increased at mid-afternoon as Press Steel continues advance – Varied Bulletin

At 3.11pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 2.69 points to 1,563.98 from yesterday’s close of 1,561.29. — Bernama picAt 3.11pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) acquired 2.69 factors to 1,563.98 from yesterday’s near of 1,561.29. — Bernama pic

KUALA LUMPUR, Oct 8 — Bursa Malaysia resumed the afternoon session increased, with the critical index remaining in constructive territory on acquiring assistance in picked heavyweights, led by Press Steel.

At 3.11pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 2.69 points to 1,563.98 from yesterday’s close of 1,561.29.

Contributing a substantial 2.609 factors to the increase in the Composite Index, Push Metal soared 18 sen to RM6.08 with 5.9 million shares transforming fingers.

The corporation reportedly will gain from anticipated better international aluminium prices and a hike in smelting potential following an growth in the Samalaju project.

The all round marketplace breadth was beneficial with gainers major decliners 531 to 455, even though 445 counters ended up unchanged, 838 untraded and 26 others suspended.

Turnover stood at 3.52 billion models value RM2.22 billion.

Amid the heavyweights, Maybank additional just one sen to RM8.06, IHH bagged two sen to RM6.65, CIMB rose 4 sen to RM4.90, while General public Lender and Petronas Chemicals ended up flat at RM4.08 and RM8.68 respectively.

TNB, having said that, get rid of two sen to RM9.71.

Of the actives, SC Estate erased 4 sen to 12.5 sen, Opcom increased 6 sen to RM1.52, KNM extra a person sen to 23 sen, while Freight Management highly developed 22 sen to RM1.08.

On the index board, the FBM Emas Index was 28.14 details bigger at 11,501.36, the FBMT 100 Index attained 29.43 factors to 11,160.35, the FBM Emas Shariah Index picked up 25.76 points to 12,633.95, the FBM 70 soared 79.95 details to 15,104.8, while the FBM ACE erased 41.6 points to 7,095.5.

Sector-clever, the Economic Products and services Index improved 42.39 factors to 15,241.73, the Industrial Items and Providers Index extra 1.78 details to 209.43 though the Plantation Index slipped .76 of-a-stage to 6,960.13. — Bernama

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