SHARES on Bursa Malaysia closed slightly higher, bolstered by gains in heavyweight shares and improved sentiment amid positive local corporate news, dealers said.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 5.19 points to 1,776.56 after hovering between 1,769.77 and 1,779.02 throughout yesterday.
Advancers led decliners 345 to 344, with 352 counters unchanged, 569 untraded and 16 others suspended.
Turnover fell to 1.58 billion shares worth RM1.44 billion from 1.84 billion shares worth RM1.29 billion recorded before.
Inter-Pacific Research Sdn Bhd head Pong Teng Siew said two of 2013's biggest upcoming initial public offerings, namely UMW Oil & Gas Bhd and Westports Holdings Bhd, have kept investors' interest alive.
On the scoreboard, the Industrial Index rose 7.2 points to 3,061.42, the Finance Index gained 46.02 points to 16,515.47 and the Plantation Index improved 49.7 points to 8,349.82.
The FBM Emas Index added 36.53 points to 12,351.68, the FBMT100 increased 36.69 points to 12,089.17, the FBM 70 Index gained 48.31 points to 14,068.3, but the FBM ACE Index slipped 77.06 points to 5,377.6.
Among the heavyweights, Maybank rose five sen to RM9.87, Axiata fell one sen to RM6.90 and Sime Darby added one sen to RM9.55.
Meanwhile, FBM KLCI futures contracts on Bursa Malaysia Derivatives closed higher in line with the positive cash market.
October 2013 gained four points to 1,782.5, November 2013 rose 4.5 points to 1,783, December 2013 added five points to 1,783.5 and March 2014 increased one point to 1,779.
Turnover improved to 6,325 lots from Thursday's 3,480 lots while open interest rose to 46,528 contracts from 43,605 contracts before. Bernama