Shares on Bursa Malaysia closed higher today amid positive global sentiment following the US Federal Reserve's decision to leave the economic stimulus programme intact, dealers said.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) perked 8.92 points to 1,801.83 after hovering between 1,794.81 and 1,805.15 throughout the day.
Affin Investment Bank vice president and head of retail research Dr Nazri Khan said Malaysian stocks closed the week within two per cent of their all-time best levels.
He also said the Dow Jones and S&P 500 set fresh record highs and global stocks were at a five-year high, after the Fed surprised Wall Street by keeping its US$85 billion-a-month bond-buying programme intact.
"Our view is that Asian equity markets, including Bursa Malaysia, are poised to enjoy more risk-on rallies to price-in the latest Fed upside surprise," he told Bernama.
On the scoreboard, the Finance Index rose 178.18 points to 17,030.27 and the Industrial Index was up 1.98 points to 3,049.27, while the Plantation Index fell 59.69 points to 8,333.9.
The FBM Emas Index improved 53.42 points to 12,494.42, the FBMT100 perked 51.79 points to 12,233.68, the FBM 70 Index rose 23.6 points to 14,123.28 and the FBM ACE Index increased 129.29 points to 5,359.95.
Gainers led losers 445 to 350, with 284 counters unchanged, 518 untraded and 32 others suspended.
Turnover rose to 2.39 billion shares worth RM2.44 billion from Thursday's 1.94 billion shares worth RM2.73 billion.
Volume on the Main Market rose to 1.8 billion shares valued at RM2.33 billion from the 1.54 billion shares valued at RM2.65 yesterday.
Turnover on the ACE market jumped to 544.52 million shares worth RM103.32 million from Thursday's 328.74 million shares worth RM68.46 million.
Total warrants increased to 44.25 million units worth RM5.63 million from 32.87 million units valued at RM9.56 million previously.
Among actives, The Media Shoppe added 2.5 sen to 12.5 sen, Sona Petroleum gained 1.5 sen to 43.5 sen and Luster bagged one sen for 10 sen.
Daya Materials and MAS slipped half-a-sen each to 32 sen each respectively.
As for the heavyweights, Maybank added six sen to RM10.30, CIMB chalked-up 26 sen to RM8.08, Axiata and Sime Darby improved one sen each to RM6.91 and RM9.52 respectively, while Petronas Chemicals gained seven sen to RM6.93.
Consumer products accounted for 208.95 million shares on the Main Market, industrial products 370.87 million, construction 71.64 million, trade and services 465.43 million, technology 60.65 million, infrastructure 44.11 million, SPAC 322.7 million, finance 67.82 million, hotels 3.24 million, properties
165.54 million, plantations 19.4 million, mining 157,100, REITs 9.04 million, and closed/fund 124,000.-- Bernama