SHARES on Bursa Malaysia closed higher in cautious trading yesterday supported by continued buying interest in selected heavyweights, dealers said.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.32 points to end at 1,770.35 after hovering between 1,769.97 and 1,774.68 throughout the day.
Advancers led decliners 380 to 368, with 323 counters unchanged, 524 untraded and 14 others suspended. Turnover rose to 1.9 billion shares worth RM1.59 billion from 1.77 billion shares worth RM1.62 billion.
The Industrial Index fell 1.64 points to 3,038.4, the Finance Index gained 30.38 points to 16,429.38 and the Plantation Index rose 38.45 points to 8,354.29.
The FBM Emas Index gained 14.41 points to 12,315.84, the FBMT100 added 15.72 points to 12,053.6, the FBM 70 Index increased 46.07 points to 14,054.61 but the FBM ACE Index slipped 38.77 points to 5,485.80.
Among heavyweights, Maybank and Axiata improved one sen each to RM9.81 and RM6.90, respectively, while CIMB slipped two sen to RM7.48.
Among actives, The Media Shoppe and Sona Petroleum-WA declined one sen each to 17 sen and 29.5 sen, respectively, while Karambunai-ORD added half-a-sen to 6.6 sen.
FBM KLCI futures contracts on Bursa Malaysia Derivatives closed lower despite positive performance of the cash market.
October 2013 lost 1.5 points to 1,768.5 and November 2013 declined 2.5 points to 1,768.5. December 2013 and March 2014 lost three points each to 1,769.5 and 1,764, respectively.
Turnover dwindled to 5,115 lots from 7,965 while open interest fell to 44,707 contracts from 46,939 contracts on Tuesday. Bernama