SHARE prices on Bursa Malaysia turned mixed at mid-morning today (Feb 5) with mild profit-taking on selected heavyweights including finance and telecommunications stocks, analysts said.
At 11.01am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.51 points lower at 1,534.29 from Tuesday’s close of 1,535.80.
The benchmark index opened 3.84 points higher at 1,539.64.
On the broader market, gainers outpaced losers 347 to 264, with 314 counters unchanged, 1,052 not traded and 21 others suspended.
Turnover amounted to 1.26 billion shares worth RM762.51 mil.
In a research note, Malacca Securities Sdn Bhd said the lower-liners and broader market shares should also be heading higher in tandem with the improved market sentiments, although uncertainties remained over the 2019 novel coronavirus (2019-nCoV) epidemic.
Among heavyweights, Sime Darby rose six sen to RM2.21, Malaysia Airports gained 15 sen to RM6.95, Dialog Group added four sen to RM3.35, while Petronas Gas eased 26 sen to RM6.20 and Hartalega dropped nine sen to RM5.70.
Of the actives, AirAsia Group recovered six sen to RM1.21, XDL lost half-a-sen to 15 sen and Securemetric was flat at 20 sen.
On the index board, the FBM Emas Index increased 10.88 points to 10,913.71, the FBM Emas Shariah Index rose 20.87 points to 11,645.22 and the FBMT 100 Index bagged 8.09 points to 10,724.69.
The FBM 70 was 87.05 points stronger at 13,672.51 and the FBM Ace recovered 35.48 points to 5,391.48.
Sector-wise, the Industrial Products and Services Index inched down 0.13 point to 144.20, the Financial Services Index was 3.70 points lower at 14,679.02 and the Plantation Index increased 33.49 points to 7,178.28. – Feb 5, 2020, Bernama