MALAYSIAN shares closed flat today as investors took profits following earlier gains, dealers said.
The Kuala Lumpur Composite Index edged down 0.04 per cent, or 0.38 points, to 877.92.
Dealers said the market sentiment remained firm in the short-term due to window dressing activities ahead of the UMNO General Assembly.
"Normally, there would be a rally during the UMNO General Assembly, as it usually provides some positive sentiment," a dealer said.
He said the market started the day on a firm note today, tracking Wall Street's overnight rally and the stronger regional markets.
"However, there was some profit taking after yesterday's strong gains.But the market sentiment was still firm," he added.
At close, the Industrial Index fell 9.48 points to 2,106.71 but the Plantation Index increased 63.43 points to 4,590.39 and the Finance Index added 4.46 points to 6,539.00.
The FBMEmas rose 1.89 points to 5,727.53 and the FBM30 increased 7.60 points to 5,638.27.However, the FBM2BRD declined 4.65 points to 3,900.49 and the FBMMesdaq dropped 28.71 points to 2,958.47.
Losers led gainers by 275 to 239 while 194 counters were unchanged, 537 untraded and 36 others suspended.
Volume increased to 671.5 million shares worth RM1.04 billion compared with the 642.4 million shares worth RM921.6 million yesterday.
For the actives, the KNM Group was flat at 39.5 sen, Resorts World rose two sen to RM1.99 and IOI Corp gained 10 sen to RM4.00.
Genting rose six sen to RM3.66, Zelan added one sen to 59 sen while UEM Land eased 1.5 sen to 73.5 sen.
Of the heavyweights, Sime Darby and Tenaga Nasional both fell five sen to RM5.80 and RM6.20 respectively, while Bumiputra-Commerce rose 25 sen to RM6.80.
Maybank declined 18 sen to RM4.40 while MISC was up five sen to RM8.40.
At close, volume on the Main Board rose to 594.8 million shares valued at RM1.03 billion from 577.28 million shares worth RM909.09 million yesterday. - Agencies
The Kuala Lumpur Composite Index edged down 0.04 per cent, or 0.38 points, to 877.92.
Dealers said the market sentiment remained firm in the short-term due to window dressing activities ahead of the UMNO General Assembly.
"Normally, there would be a rally during the UMNO General Assembly, as it usually provides some positive sentiment," a dealer said.
He said the market started the day on a firm note today, tracking Wall Street's overnight rally and the stronger regional markets.
"However, there was some profit taking after yesterday's strong gains.But the market sentiment was still firm," he added.
At close, the Industrial Index fell 9.48 points to 2,106.71 but the Plantation Index increased 63.43 points to 4,590.39 and the Finance Index added 4.46 points to 6,539.00.
The FBMEmas rose 1.89 points to 5,727.53 and the FBM30 increased 7.60 points to 5,638.27.However, the FBM2BRD declined 4.65 points to 3,900.49 and the FBMMesdaq dropped 28.71 points to 2,958.47.
Losers led gainers by 275 to 239 while 194 counters were unchanged, 537 untraded and 36 others suspended.
Volume increased to 671.5 million shares worth RM1.04 billion compared with the 642.4 million shares worth RM921.6 million yesterday.
For the actives, the KNM Group was flat at 39.5 sen, Resorts World rose two sen to RM1.99 and IOI Corp gained 10 sen to RM4.00.
Genting rose six sen to RM3.66, Zelan added one sen to 59 sen while UEM Land eased 1.5 sen to 73.5 sen.
Of the heavyweights, Sime Darby and Tenaga Nasional both fell five sen to RM5.80 and RM6.20 respectively, while Bumiputra-Commerce rose 25 sen to RM6.80.
Maybank declined 18 sen to RM4.40 while MISC was up five sen to RM8.40.
At close, volume on the Main Board rose to 594.8 million shares valued at RM1.03 billion from 577.28 million shares worth RM909.09 million yesterday. - Agencies
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