Bursa Malaysia advances in midmorning trading powered by YTL stocks

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At 11am, the FTSE Bursa Malaysia KLCI added 3.99 points to 1,607.14 from yesterday’s close of 1,603.15.Market breadth was positive as advancers outpaced decliners 402 to 384, while 431 counters remained unchanged, 1,240 untraded and 44 suspended.Heavyweights YTL Power bagged 14 sen to RM3.34, YTL Corp was five sen higher at RM2.00, IOI Corp rose eight sen to RM3.88, Petronas Dagangan climbed 34 sen to RM19.44 and Maybank was four sen higher at RM10.26.

On the index board, the FBM Emas Index gained 32.37 points to 12,203.32, the FBMT 100 Index appreciated 28.47 points to 11,904.84, the FBM Emas Shariah Index increased 9.79 points to 12,140.15, the FBM 70 Index picked up 38.97 points to 17,929.82 and the FBM ACE Index earned 33.78 points to 5,173.03.

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Bursa outlook: Malaysia’s GDP data to drive FBM KLCI, market eyes key economic figuresKUALA LUMPUR, Nov 9 — The FTSE Bursa Malaysia KLCI (FBM KLCI) is anticipated to continue its upward trajectory next week, extending the positive momentum seen this week as it...
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