KL shares range bound at mid-morning trading
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KUALA LUMPUR, Feb 14 — Trading on Bursa Malaysia was range bound at mid-morning as investors were cautious ahead of the release of gross domestic product (GDP) data for the fourth quarter of 2017 and for the full year by Bank Negara later this afternoon.
At 11.02am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,832.83 points, 0.19 of-a-point lower, after opening 2.63 points better at 1,835.65.
Market breadth was positive with gainers outpacing losers 328 against 277 while 327 counters remained unchanged, 950 untraded and 20 others were suspended.
Turnover stood at 482.03 million shares worth RM390.19 million.
The Industrial Index fell 23.03 points to 3,209.83 and the Finance Index slipped 20.94 points to 17,514.71 but the Plantation Index added 3.01 points to 7,994.22.
The FBM Emas Index increased 9.52 points to 13,059.39, the FBMT100 Index gained 7.56 points to 12,781.94 and the FBM 70 improved 34.06 points to 16,007.73 while the FBM Ace advanced 18.91 points to 6,129.33.
Heavyweights, Maybank, CIMB and Axiata were flat at RM10.06, RM6.90 and RM5.61, respectively, Tenaga fell four sen to RM15.70 and Public Bank shed two sen to RM22.00.
Among actives, Sumatec, Diversified Gateway Solutions and Tiger Synergy were half-a-sen higher at 7.5 sen, 9.5 sen and four sen, respectively, while PUC was flat at 24.5 sen. — Bernama