KUALA LUMPUR 07/11/2006-- Share prices on Bursa Malaysia closed
higher on strong rally of the Dow Jones and regional bourses, a dealer said.
"The market saw a spillover effect of the strength in regional markets.
Foreign buying interests were seen in selected heavyweights," he said.
The benchmark Kuala Lumpur Composite Index (KLCI) rose 9.98 points to close
at 1,003.28 points, off a high of 1,005.06 at mid-afternoon. The KLCI had opene
the day 0.38 point higher at 993.68.
"The market is likely to see some upside potential this week although
profit-taking is expected after today's high," he said.
The Second Board Index increased by 1.10 points to 87.77, the Industrial
Index edged up 12.77 points to 2,096.23, the Finance Index appreciated 59.57
points to 8,004.26 and Mesdaq rose 2.06 points to 115.79.
Of the FTSE-BM Index series, the FBMEmas gained 54.62 points to 6,525.33 and
the FBM30, which comprises the top 30 companies by full market capitalisation,
increased by 69.13 points to 6,487.96.
Gainers led losers by 675 to 172, 259 counters were unchanged, 275 untraded
and 26 counters were suspended.
Volume stood at 875.152 million shares worth RM1.221 billion.
Leading the actives list was Karambunai Corp, which rose two sen to 16.5
sen. APL Industries was up 14 sen at 37.5 sen, BJ Corp gained one sen to 19.5
sen, AP Land was two sen higher at 40 sen and Fitters rose 1.5 sen 85.5 sen.
Among heavyweights, Maybank and Tenaga were unchanged at RM11.20 and RM10.00
respectively. Telekom was 10 sen higher at RM8.95, Tanjong plc appreciated 70
sen to RM12.90, Kuala Lumpur Kepong rose 60 sen to RM13.10 and Genting gained 5
sen to RM26.00. Turnover rose to 875.152 million shares valued at RM1.221 billion compared
with yesterday's 702.835 million shares valued at RM820.904 million.
Volume on the Main Board increased to 638.873 million shares worth RM1.077
billion from 433.303 million shares worth RM648.346 million on Monday.
Turnover on the Second Board, however, declined to 96.165 million shares
valued at RM74.226 million compared with 121.995 million shares worth RM104.862
million previously.
The Mesdaq Market's volume fell to 120.888 million shares worth RM61.244
million versus 138.634 million shares worth RM64.334 million previously.
Call warrants rose to 19.225 million shares worth RM8.352 million compared
with 8.901 million shares worth RM3.361 million on Monday.
Direct business deals increased to 90.108 million shares valued at RM72.292
million from 20.021 million shares valued at RM27.463 million before.
On a sectoral basis, consumer products accounted for 12.625 million shares
traded on the Main Board, industrial products 94.767 million, construction
45.761 million, trade/services 149.615 million, technology 6.449 million,
infrastructure 19.162 million, finance 72.646 million, hotels 4.098 million,
properties 146.519 million, plantation 18.739 million, mining 5,700 shares,
REITS 1.582 million, closed/fund 185,500, ETF 1,000 and loans 66.713 million. -

For tomorrow...market in bull run...target 1200 points...

For CPO Marke...down trend toward 1600 levels...

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