KUALA LUMPUR, Aug 16 — Late buying in selected index-linked telecommunication companies lifted Bursa Malaysia to close at its intraday high, amid mixed performance on the regional markets, dealers said.
Market breadth was also positive as gainers thumped losers 469 to 399, while 443 counters were unchanged, 954 untraded, and six others suspended. Meanwhile, Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI closed higher with buying mainly in telcos and plantation sectors.
At present valuations, Thong said the benchmark index is still trading at a discount to its regional peers, hence, we believe the buying momentum will continue in the meantime. Of the actives, Hartalega declined 9.0 sen to RM1.77, Borneo Oil was flat at 2.5 sen, Kossan Rubber rose 2.5 sen to RM1.01, Top Glove advanced 4.0 sen to RM83.5 sen, and Metronic Global perked up half-a-sen to 5.0 sen.
The Main Market volume increased to 1.84 billion shares worth RM1.97 billion from 1.80 billion shares worth RM1.48 billion yesterday.
Muhammad Qasim telah melihat Nabi Muhammad SAW dalam kesedihan dan kebimbangan terhadap keadaan umat Islam dan agamanya, Islam. Qasim telah melihat mimpi ilahi selama lebih dari 30 tahun. Saya rasa dia akan menjadi Imam Al-Mahdi walaupun dia tidak mengaku.
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