Share prices close higher, FBM KLCI hits a record 1,603.78

KUALA LUMPUR (April 2, 2012): Share prices on Bursa Malaysia closed higher today in line with a rally in the regional markets, and supported by gains in banking stocks, dealers said.

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 7.45 points to 1,603.78, surpassing the previous all-time high of 1,597.

The Finance Index jumped 104.05 points to 14,425.33, the Industrial Index rose 8.89 points to 2,892.85 and the Plantation Index surged 64.87 points to 8,806.29.

The FBM Emas Index advanced 51.79 points to 10,991.42, the FBM70 Index added 57.68 points to 12,083.72 but the FBM ACE Index eased 28.89 points to 4,554.95.

Advancers beat decliners by 400 to 353 while 324 counters were unchanged, 424 untraded and 32 others suspended.

Turnover was higher at 1.44 billion shares worth RM1.4 billion from 1.24 billion shares worth RM2.083 billion on Friday.

Of the actives, Carotech and Ingenuity were flat at 2.5 sen and 10.5 sen respectively, while Metronic Global fell 2.5 sen to 18.5 sen and Ariantec Global eased one sen to 11.5 sen.

Among heavyweights, Maybank rose seven sen to RM8.94, Sime Darby was 14 sen higher at RM9.88, CIMB added 10 sen to RM7.79 but Petronas Chemicals slipped two sen to RM7.79.

-- Bernama

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