BURSA Malaysia extended earlier gains to close broadly higher yesterday, lifted by buying interest in blue chips and key heavyweights, dealers said.
The FTSE Bursa Malaysia KLCI (FBM KLCI) ended at 1,775.92, up 6.8 points from Wednesday's close, after trading between 1,775.04 and 1,769.12.
Hong Leong Bank, the largest contributor to the rise with 1.559 points, gained 3.32 per cent to close at RM14.28.
Etiqa Insurance & Takaful Bhd head of research Chris Eng said the release of August's industrial production index and the MPOB's September statistics lent support to the market.
The Finance Index surged 115.26 points to 16,590.1, the Industrial Index increased 16.2 points to 3,047.47, but the Plantation Index eased 9.64 points to 8,337.57.
The FBM Emas Index rose 53.61 points to 12,370.67, the FBMT100 went up 50.52 points to 12,105.25, the FBM 70 Index soared 76.31 points to 14,171.28 and the FBM ACE Index chalked up 67.6 points to 5,457.8.
Gainers led losers by 501 to 264, with 282 counters unchanged, 564 untraded and 16 others suspended.
Turnover expanded to 1.86 billion shares worth RM1.57 billion from 1.52 billion shares worth RM1.35 billion on Wednesday.
Among the actives, both MAS and Hubline inched up half-a-sen each to 34 sen and 5.5 sen, respectively.
Meanwhile, FBM KLCI futures contracts on Bursa Malaysia Derivatives also closed higher yesterday.
Spot month October 2013 rose 10 points to 1,783.5, November 2013 gained 9.5 points to 1,782.5, while both December 2013 and March 2014 chalked up 11 points each to 1,783.5 and 1,781.5, respectively.
Turnover increased to 4,219 lots, while open interest advanced to 45,113 contracts. Bernama