KUALA LUMPUR, July 30 -- Share prices on Bursa Malaysia retained their uptrend at mid-day today, boosted by overnight gains on Wall Street and lower crude oil prices, dealers said.
Oil prices dropped to US$123 per barrel on falling demand in the United States.
The benchmark Kuala Lumpur Composite Index (KLCI) added 10.90 points to 1,161.70.
Gains in blue chips and lower liners lifted the overall market index, with Maybank one of the major gainers.
However, the market will still remain volatile with the underlying cautious sentiment, dealers warned.
Yinson, a transportation services and general warehousing facilities solutions provider, went up three sen to 64 sen following the transfer of its shares to the Main Board from the Second Board today.
30/07/2008 01:12 PM