Business

Bursa Malaysia remains higher at mid-morning

Mixed sentiments across Asian markets over Covid-19 case spikes

Updated 5 years ago · Published on 26 Jan 2021 11:33AM

Bursa Malaysia remains higher at mid-morning
The local bourse is maintaining its upward trend from this morning’s higher open. – Twitter pic, January 26, 2021

KUALA LUMPUR – Bursa Malaysia stayed higher at mid-morning today amid mixed sentiment on the Asian bourses due to growing concerns over the rising Covid-19 cases globally, dealers said.

At 11am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 12.71 points to 1,589.33.

The index opened 13.97 points higher at 1,590.59 compared with yesterday’s close of 1,576.62.

On the broader market, gainers outpaced losers 598 to 326, while 443 counters were unchanged, 776 untraded and 17 others suspended.

Total volume stood at 2.49 billion units worth RM1.79 billion.

Among the heavyweights, Public Bank improved 27 sen to RM4.53, Maybank added seven sen to RM7.95, Petronas Chemicals went up four sen to RM6.94 and TNB gained six sen to RM9.71, but Top Glove fell 14 sen to RM6.38.

Of the actives, Fintec earned half-a-sen to eight sen, DNeX advanced one sen to 31 sen, Key ASIC increased two sen to 11 sen and MLabs lifted 1.5 sen to eight sen.

On the index board, the FBM Emas Index gained 88.64 points to 11,479.19 and the FBMT 100 Index jumped 85.48 points to 11,220.72 while the FBM Emas Shariah Index was 3.46 points lower at 12,889.12.

The FBM 70 climbed 95.66 points to 14,719.88 and the FBM ACE rose 127.91 points to 10,798.16.

Sector-wise, the Financial Services Index increased 315.10 points to 14,879.84, the Plantation Index decreased 4.27 points to 7,180.19, and the Industrial Products and Services Index inched up 0.74 of a point to 171.54. – Bernama, January 26, 2021

Related News

Malaysia / 5mth

Two factors contributed to lower EPF dividends this year – CEO

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

Business / 2y

Bursa Malaysia in negative territory at mid-morning

Spotlight

Malaysia

RM245m Penang Hill cable car project 32 per cent complete - CM

By Ian McIntyre

Malaysia

Six locals charged over alleged kidnapping of Singaporean couple in Johor

Malaysia

PM: No political, racial or religious shield for those found guilty in TH, Felda probes

Malaysia

Singapore security guard jailed 14 days, fined RM7,000 for insulting Islam

Health

Dengue cases soar 56% to 58,079 as nation records 55 deaths

Malaysia

NGOs urge BERSAMA to put Indian community agenda on political radar

By Alfian Z.M. Tahir

Health

MOH warns seniors against unproven hydrogen inhalers

Malaysia

Former Tabung Haji CEO remanded seven days as MACC RCI probe deepens

Malaysia

21 held in KLIA-Nilai crackdown on alleged online love scam syndicate

You may be interested

Business

Robo.ai expects shareholders’ equity to turn positive after restructuring

By Alfian Z.M. Tahir

Business

Oil prices surge as US-Iran standoff, Ukraine strikes rattle global energy markets

Business

Independent review needed, not blind denial, to address US claims – maritime expert