Bursa Malaysia bigger at mid-afternoon as Push Steel carries on progress – Numerous 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) gained 2.69 factors to 1,563.98 from yesterday’s shut of 1,561.29. — Bernama pic

KUALA LUMPUR, Oct 8 — Bursa Malaysia resumed the afternoon session larger, with the important index remaining in beneficial territory on obtaining assistance in picked heavyweights, led by Press Metal.

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

Contributing a substantial 2.609 points to the rise in the Composite Index, Press Steel soared 18 sen to RM6.08 with 5.9 million shares shifting arms.

The business reportedly will gain from predicted bigger world wide aluminium costs and a hike in smelting capacity next an enlargement in the Samalaju task.

The total marketplace breadth was constructive with gainers major decliners 531 to 455, when 445 counters ended up unchanged, 838 untraded and 26 some others suspended.

Turnover stood at 3.52 billion units worth RM2.22 billion.

Amid the heavyweights, Maybank additional 1 sen to RM8.06, IHH bagged two sen to RM6.65, CIMB rose 4 sen to RM4.90, though General public Lender and Petronas Chemical substances were flat at RM4.08 and RM8.68 respectively.

TNB, nonetheless, lose two sen to RM9.71.

Of the actives, SC Estate erased four sen to 12.5 sen, Opcom greater 6 sen to RM1.52, KNM included a person sen to 23 sen, while Freight Administration sophisticated 22 sen to RM1.08.

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

Sector-intelligent, the Financial Products and services Index increased 42.39 points to 15,241.73, the Industrial Products and solutions and Providers Index included 1.78 details to 209.43 though the Plantation Index slipped .76 of-a-stage to 6,960.13. — Bernama

The Fort News