Bursa heavyweights higher at mid-afternoon on stellar Q1 earnings | Malay Mail

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KUALA LUMPUR, May 27 — Nearly two-thirds of the index-linked heavyweights were in positive territory at mid-afternoon, thanks to the stellar corporate earnings recorded in the first quarter ended March 31, 2021 (Q1 FY2021) released today. At 3.06pm, the benchmark FTSE Bursa Malaysia KLCI (FBM...

Thursday, 27 May 2021 04:14 PM MYT

At 3.06pm, the benchmark FTSE Bursa Malaysia KLCI climbed further by 8.57 points, or 0.54 per cent, to 1,586.39 from 1,577.82 at Tuesday’s close.However, market breadth was slightly negative with losers leading gainers 490 to 487, while 450 counters were unchanged, 764 untraded and 39 others suspended.Of the 30 FBM KLCI counters, gainers were led by Petronas Chemicals which jumped 15 sen to RM8.15.

Similarly, Maybank which today announced a higher net profit of RM2.39 billion in Q1 FY2021 from RM2.05 billion previously, also saw its share price increase four sen to RM8.37. The most actively traded counters included Privasia which rose 7.5 sen to 33.5 sen. Dagang NeXchange added eight sen to 81.5 sen, while its warrant went up 7.5 sen to 31.5 sen, Progressive Impact perked up 3.5 sen to 22.5 sen, and DGB Asia edged up half-a-sen to 6.5 sen.

 

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