KUALA LUMPUR: The FTSE Bursa Malaysia KLCI ended slightly higher today with buying mainly in commodity and energy-related stocks, said an analyst.
“As such, we anticipate the FBM KLCI to trend within the 1,440-1,460 range for the week with immediate resistance at 1,460 and support at 1,440,” he told Bernama. At 5pm, the key index rose 4.48 points to 1,450.57 from 1,446.09 at Friday’s close, after opening 0.6 of-a-point better at 1,446.69.On the broader market, losers surpassed gainers 498 to 446 while 415 counters were unchanged, 997 untraded and 26 others suspended.
Among the actives, Parkson advanced 4.5 sen to 34 sen, Aimflex and Classita inched up 0.5 sen each to 22 sen and 7.5 sen, respectively, while Hong Seng was flat at 6 sen, and Ingenieur shed 1 sen to 11 sen. The Main Market volume was slightly higher at 2.34 billion units worth RM2 billion against Friday’s 2.3 billion units valued at RM1.88 billion.