KL shares end firmer, CI up 3pc (05.01.09)

SHARE prices on Bursa Malaysia were firmer at close yesterday on follow through buying in selected heavyweights, particularly plantation stocks, dealers said.

The Kuala Lumpur Composite Index (KLCI) ended 26.30 points or 2.941 per cent higher at 920.66, the highest since the market went on a downtrend last year, pushed by gains mostly in IOI Corporation and Sime Darby. It opened 7.84 points higher at 901.84.

The Industrial Index went up 51.84 points to 2,140.63, the Finance Index surged 145.69 points to 7,070.90 and the Plantation Index jumped 352.29 points to 4,776.03.

The FBMEmas was 182.50 points higher at 6,039.88, the FBM30 rose 167.30 points to 5,931.19, the FBMMesdaq increased 142.62 points to 3,489.48 and the FBM2BRD surged 49.79 points to 4,081.92.

Gainers thumped losers by 530 to 119 while 131 counters were unchanged, 472 untraded and 27 others suspended.

Turnover surged to 845.96 million shares valued at RM1.02 billion from Friday’s close of 507.41 million shares worth RM682.42 million. — Bernama

Comments