They said this in turn helped push the Kuala Lumpur Composite Index (KLCI) to close at its highest level today.
At 5pm, the benchmark KLCI closed 6.02 points higher or 0.704 per cent at 860.68, boosted by gains mostly in Sime Darby,Bumiputra-Commerce, Maybank and Tenaga.
The KLCI, which moved between 851.1 and 860.68 during the whole session, was 0.7 of a point higher at 853.96 at the opening bell.
The Industrial Index rose 13.36 points to 2,060.36, the Finance Index jumped 121.37 points to 6,710.44 and the Plantation Index went up 29.57 points to 3,889.52.
The FBMEmas rose 53.7 points to 5,622.37, the FBM30 surged 70.14 points to 5,544.25, the FBMMesdaq added 7.41 points to 3,305.81 and the FBM2BRD was 36.52 points lower at 3,924.9.
Gainers led losers by 243 to 203, while 199 counters closed unchanged, with 602 untraded and 29 counters suspended.
However, turnover was reduced to 384.22 million worth RM622.05 million from Wednesday’s close of 463.35 million shares valued at RM619.7 million.
Sime Darby Bhd, Malaysia’s largest palm oil producer, rose 25 sen, 4.8 per cent, to RM5.50, the most since January 24.
Kuala Lumpur Kepong Bhd climbed 35 sen, or 4.2 per cent, to RM8.65. Palm oil futures in Malaysia added as much as 2.6 per cent, extending a three-day, 9.1 per cent gain.
Media Prima Bhd jumped 5 sen, or 5.7 per cent, to 93.5 sen, the second-best performer on the benchmark Composite Index.
Altima Inc bought 20 million shares in the Malaysian television station operator and newspaper publishing group, lifting its stake to 7.8 per cent, a stock exchange filing showed.
SapuraCrest Petroleum Bhd, an oil and gas services provider, rose 3 sen, or 4.1 per cent, to 76.5 sen, its largest increase since November 12.
Fiscal third-quarter profit jumped 72 per cent to RM78.1 million from a year earlier, after sales surged 70 per cent to RM1.05 billion, it said in a statement.
TH Plantations Bhd slid 5 sen, or 2.3 per cent, to RM2.15, its lowest level since November 8, 2006.
The plantation group said it will sell as much as RM200 million in Islamic medium-term notes to help fund development and provide working capital. - Agencies