SHARE prices on Bursa Malaysia ended firmer yesterday on buying support, following Wall Street's record close and firmer regional sentiment, dealers said.
Major US stock indices gained 0.9 per cent and 1.3 per cent overnight, with the Dow Jones Industrial Average closing at a new record high.
"Essentially, investors' sentiments were buoyed by expectations of continuous quantitative easing and sustained economic growth momentum in China," HwangDBS Vickers Research Sdn Bhd said.
The FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 9.76 points to end at 1,651.84. The benchmark index, which opened at 1,641.29, hovered between 1,641.29 and 1,652.84 throughout the day.
Advancers led decliners 501 to 231, with 299 counters unchanged, 612 untraded and 27 others suspended.
Total volume rose to 1.133 billion shares valued at RM1.741 billion from 966.731 million shares valued at RM1.797 billion on Tuesday.
The FBM Emas Index went up 73.029 points to 11,263.31, the FBMT100 advanced 70.011 points to 11,113.07 and the FBM Mid 70 Index surged 97.921 points to 12,398.98. The FBM ACE Index was 49.33 points higher at 4003.09.
Among the heavyweights, Maybank added 10 sen to RM9.11, Sime Darby was unchanged at RM9.19, CIMB firmed one sen to RM7.20 and Axiata also rose one sen to RM6.40.
Meanwhile, FBM KLCI futures contracts on Bursa Malaysia Derivatives closed higher, tracking the better performance on the local bourse, dealers said.
March 2013 rose 14.5 points to 1,655, April 2013 added 15 points to 1,651, June 2013 advanced 14 points to 1,641.5 and September 2013 gained 12 points to 1,636.5. Bernama