KUALA LUMPUR, May 18 — Bursa Malaysia ended higher for the third consecutive trading session today on continuous nibbling in selected heavyweights including financial services, consumer, and oil and gas stocks.
Market breadth was mixed with decliners leading advancers 464 to 460, while 437 counters were unchanged, 894 untraded, and 11 others suspended. Singapore’s Straits Times rose 1.01 per cent to 3,234.08, Japan’s Nikkei bagged 0.94 per cent to 26,911.20, Hong Kong’s Hang Seng gained 0.20 per cent to 20,644.28, and South Korea’s Kospi increased 0.21 per cent to 2,625.98.
As such, Thong said the FBM KLCI is expected to trade within the 1,545-1,565 range for the remaining week.Among the heavyweights, Maybank rose four sen to RM8.99, Public Bank gained eight sen to RM4.61, IHH Healthcare added three sen to RM6.46, CIMB increased one sen to RM5.07, while Petronas Chemicals fell four sen to RM9.98.
On the index board, the FBM ACE dropped 40.87 points to 5,322.37, the FBM Emas Shariah Index erased 6.39 points to 11,542.88, while the FBM Emas Index advanced 40.20 points to 11,100.61, the FBMT 100 Index climbed 42.63 points to 10,767.71, and the FBM 70 gained 47.78 points to 13,186.63.
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