KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia ended higher today with interests focussed on selective blue-chips as investors took the cue from the overnight gains on Wall Street, dealers said.
The FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) rose 6.8 points to close at 1,260.76, boosted by gains in Axiata and Genting. The FBM KLCI opened 6.11 points higher at 1,260.07. It moved between 1,260.07 and 1,260.76 throughout the day.
HwangDBS Vickers Research said Bursa Malaysia, like other Asian bourses, would probably bounce up buoyed by the robust Wall Street performance.
"The major US equity indices jumped between 1.9 per cent and 2.4 per cent.
"The bellwether Dow Jones Industrial Average surged above the psychological 10,000 level, partly helped by lower jobless claims and higher productivity data," it said. The FBM Emas Index rose 34.44 points to 8,422.83, FBM Top 100 increased 31.521 points to 8,210.11 and the FBM ACE Index surged 89.04 points to 4,687.65.
The FBM 70, however, fell 19.77 points to 8,090.28 The Finance Index advanced 63.88 points to 10,776.29 and the Industrial Index gained 12.28 points to 2,699.87.
The Plantation Index, however, eased 5.45 points to 6,058.91. Advancers led decliners by 451 to 229 while 242 counters were unchanged and 349 untraded. Total turnover declined to 1.428 billion shares worth RM1.513 billion from 1.523 billion shares worth RM1.405 billion yesterday. -- MORE
PJR THS