Business

Bursa Malaysia ends morning session on high note

Index lifted by gains in heavyweights, Top Glove and Petronas Chemicals 

Updated 5 years ago · Published on 30 Dec 2020 3:30PM

Bursa Malaysia ends morning session on high note
At the lunch break, the benchmark FTSE Bursa Malaysia KLCI rose 2.29  points to 1,637.28, after moving between 1,631.77 and 1,638.98 throughout the session – Wikipedia pic, December 30, 2020

KUALA LUMPUR – Bursa Malaysia ended the morning higher, with the key index lifted by heavyweights led by Top Glove and Petronas Chemicals amid year-end window dressing.  

At the lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.29  points to 1,637.28, after moving between 1,631.77 and 1,638.98 throughout the session.

The index opened 0.61 of-a-point higher at 1,635.93 compared to yesterday’s close of 1,634.99.

On the broader market, gainers outpaced losers 563 to 455, while 469 counters were unchanged, 641 untraded and 62 others suspended.

Volume stood at 4.72 billion units worth RM1.89 billion.

Among the heavyweights, Top Glove and Petronas Chemicals surged 10 sen each to RM6.11 and RM7.47, respectively, Sime Darby Plantation rose six sen to RM5.13 and MISC jumped 11 sen to RM6.89. 

Hong Leong Bank was flat at RM18.48, Maybank declined five sen to RM8.53, Public Bank eased two sen to RM20.68, TNB shed four sen to RM10.54 and IHH Healthcare eased four sen to RM4.31.

Among the actives, Sealink advanced 6.5 sen to 23.5 sen, MTouche edged up half-a-sen to 7.5 sen, Parkson increased 1.5 sen to 21 sen, Pegasus and Dynaciate were flat at 2.5 sen and 13 sen, respectively, while Techna-X inched down half-a-sen to 16.5 sen. 

On the index board, the FBM Emas Index was 15.95 points higher at 11,820.2, the FBMT 100 Index went up 9.82 points to 11,568.48, the FBM Emas Shariah Index widened 45.35 points to 13,223.89, the FBM 70 weakened 11.83 points to 15,212.1, while the FBM ACE strengthened 40.92 points to 10,743.31.    

The Industrial Products and Services Index rose 0.93 of-a-point to 176.98, the Plantation Index increased 3.75 points to 7,397.88, while the Financial Services Index shed 46.01 points to 15,407.4. – Bernama, December 30, 2020

Related News

Malaysia / 6mth

Two factors contributed to lower EPF dividends this year – CEO

Malaysia / 1y

Ill-gotten gains must be retrieved at all costs, say former assemblymen

Business / 2y

SC, Bursa Malaysia pledge speedier IPO approvals in 3 months for main, ACE markets

Business / 2y

Bursa Malaysia opens lower on lack of fresh leads

Business / 2y

Bursa Malaysia retreats after yesterday's gains to open lower

Business / 2y

Bursa Malaysia opens marginally lower as ringgit drops slightly

Spotlight

Malaysia

Elderly man admits to hitting neighbour with iron rod

Malaysia

Body found at KLIA2 in tyre storage compartment of aircraft from Japan

Malaysia

Factory operator faces rape, unnatural sex charges involving polytechnic student

Malaysia

Ismail Sabri granted RM300k bail after pleading not guilty to asset declaration charge

By Alfian Z.M. Tahir

Malaysia

Sunway Lagoon ride halted as safety probe seeks to protect public - DOSH

Malaysia

Malaysia ready to deploy military expertise for Nepal flood relief, says Defence Minister

Malaysia

Violence in Thailand: Visitors drop by almost 50 per cent

By Ian McIntyre

You may be interested

Business

Petronas revenue jumps 15% to RM152.4b as energy investments lift first-half earnings

Business

Questions over traceability of nearly 77,000 tonnes of K8 cargo at Tanjung Langsat

Business

ASM 2 Wawasan declares seven-year high payout of 5 sen a unit

Business

Malaysia’s international reserves stand at US$132.07b in July

Business

Oil prices fall as Hormuz reopening hopes offset Iran tensions

Business

Robo.ai Inc announces appointment of new independent director

By Alfian Z.M. Tahir

Business

K8 Cargo: Company still in limbo, claims CEO

Business

Robo.ai swings to positive equity after US$46.7m first-half profit

By Alfian Z.M. Tahir