'You're So Perfect' Bursa, 'In My Eyes You're So Beautiful' Today

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 Bursa Malaysia continued its 'perfect' performance with the recovery of sentiment driving a positive opening of 0.15% with the index expected to cross the 1,500 level.


At 9am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was up 2.29 points at 1,497.78 from Thursday's close of 1,495.49.


The index opened up 0.89 points at 1,496.38.


In the broader market, gainers at 190 outpaced losers at 188, while 250 counters were unchanged, 1,731 untraded and 35 suspended.


Total revenue at 273.54 million units worth RM163.66 million.



Commenting Rakuten Trade vice president, Thong Pak Leng, the positive sentiment at today's opening has been driven by good earnings reports the past few days and the composite index is expected to be in the 1,500-1,515 range.


He added that buying interest may be focused on the banking and technology sectors today.


Heavyweight stocks saw Public Bank Bhd add 1 sen to RM4.62, Petronas Chemicals Group Bhd up 5 sen to RM8.70, Malayan Banking Bhd (Maybank) remain at RM8.84 and CIMB Group Holdings Bhd down 2 sen to RM5.38. .


Active shares saw Serba Dinamik Holdings Bhd jump 0.5 sen to 4 sen, Coraza Integrated Technology Bhd advanced 1 sen to 85.5 sen, MQ Technology Bhd remained at 4 sen and JAKS Resources Bhd fell 3 sen to 29.5 sen.


On the index board, the FBM Emas index rose 10.15 points to 10,635.98, the FBMT 100 index reached 13.19 points to 10,379.20, the FBM 70 added 5.39 points to 12,741.61 and the FBM ACE jumped 19.04 points to 5,009.91 while the FBM Emas Shariah index gained 19.03 points to 10,777.8.


In terms of sectors, the Plantation index increased by 18.87 points at 6,972.50 and the Products and Services index added 0.42 points at 183.47 while the Financial Services index decreased by 2.14 points at 16,646.49 and the Energy index decreased by 8.17 points at 724.68.

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