KL shares open higher in early trade

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KUALA LUMPUR: – The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened higher at the beginning of today pair with the perky overnight execution on Wall Street. 

At 9.25am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained at 1,766.66, up 0.83 of-a-point, from yesterday’s end of 1,765.80. The key record opened 1.98 focuses better at 1,767.78. 


Picks up in TNB and RHB Bank supported the composite file by an aggregate commitment of 0.986 of-a-point. TNB and RHB Bank both stowed six sen each to RM13.86 and RM5.37, separately. 

RHB Research Institute, in a note, anticipated the close term resistance level at 1,765.50 focuses, which was the high recorded on March 29, trailed by the 1,800-point mental check. 

The quick bolster level is foreseen at 1,746 focuses. 

Advertise broadness was certain with gainers outpacing decliners 314 to 165, while 316 counters were unaltered, 976 untraded and 53 others were suspended. 

Turnover remained at 612.79 million shares worth RM242.55 million. 

On the scoreboard, the FBM Emas Index progressed 11.76 focuses to 12,589.97, the FBMT100 Index rose 11.28 focuses to 12,221.67 and the FBM Emas Shariah Index enhanced 22.26 focuses to 12,955.82. 

The FBM 70 added 34.74 focuses to 14,930.98 and the FBM Ace increased 66.52 focuses to 6,178.33. 

On a sectoral premise, the Industrial Index progressed 3.92 focuses to 3,227.20, the Finance Index stowed 21.83 focuses to 16,151.31 while the Plantation Index climbed 14.03 focuses to 8,087.26. 

Among the effectively exchanged stocks toward the beginning of today were DNEX, AirAsia X, Hubline, RGB and Key Alliance. 

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