AGL 41.89 Increased By ▲ 3.35 (8.69%)
AIRLINK 130.00 Increased By ▲ 0.50 (0.39%)
BOP 5.75 Increased By ▲ 0.14 (2.5%)
CNERGY 4.03 Increased By ▲ 0.17 (4.4%)
DCL 8.71 Decreased By ▼ -0.02 (-0.23%)
DFML 40.75 Decreased By ▼ -1.01 (-2.42%)
DGKC 88.90 Increased By ▲ 0.60 (0.68%)
FCCL 35.10 Increased By ▲ 0.10 (0.29%)
FFBL 66.55 Decreased By ▼ -0.80 (-1.19%)
FFL 10.77 Increased By ▲ 0.16 (1.51%)
HUBC 109.07 Increased By ▲ 0.31 (0.29%)
HUMNL 14.88 Increased By ▲ 0.22 (1.5%)
KEL 4.79 Increased By ▲ 0.04 (0.84%)
KOSM 7.27 Increased By ▲ 0.32 (4.6%)
MLCF 42.80 Increased By ▲ 1.15 (2.76%)
NBP 60.92 Increased By ▲ 1.32 (2.21%)
OGDC 180.07 Decreased By ▼ -2.93 (-1.6%)
PAEL 25.97 Decreased By ▼ -0.28 (-1.07%)
PIBTL 6.11 Increased By ▲ 0.14 (2.35%)
PPL 146.55 Decreased By ▼ -0.15 (-0.1%)
PRL 23.95 Increased By ▲ 0.34 (1.44%)
PTC 16.65 Increased By ▲ 0.09 (0.54%)
SEARL 71.65 Increased By ▲ 3.35 (4.9%)
TELE 7.30 Increased By ▲ 0.07 (0.97%)
TOMCL 36.63 Increased By ▲ 0.68 (1.89%)
TPLP 7.98 Increased By ▲ 0.13 (1.66%)
TREET 14.96 Increased By ▲ 0.76 (5.35%)
TRG 50.75 Increased By ▲ 0.30 (0.59%)
UNITY 27.48 Increased By ▲ 0.73 (2.73%)
WTL 1.26 Increased By ▲ 0.05 (4.13%)
BR100 9,872 Increased By 66.5 (0.68%)
BR30 29,845 Increased By 167.2 (0.56%)
KSE100 92,778 Increased By 474.2 (0.51%)
KSE30 28,939 Increased By 98.3 (0.34%)

Malaysian share prices closed higher on Friday with local funds buying up blue chips amid a positive outlook for the short to medium term, dealers said. The gains were supported by record high closes in regional markets and on Wall Street, they said.
The Kuala Lumpur Composite Index closed up 7.27 points or 0.74 percent at 989.90. Gainers outnumbered losers 579 to 230 and trading volume remained heavy at 906.53 million shares worth 1.08 billion ringgit (294.3 million dollars). Dealers said the gains were also due to pent-up buying after a three-day holiday.
"Investors, who were sidelined before the long weekend, seem to have sprung back strongly into the market with renewed vigor. This is partly due to the fact that the market is playing catch-up with regional bourses and Wall Street which have risen sharply in recent days," said TA Securities' technical analyst Stephen Soo.
Among blue chips, BAT Malaysia was up 1.00 ringgit at 42.75, IOI Corp gained 0.40 to 17.40 and Resorts World advanced 0.20 to 11.80. Genting rose 1.00 ringgit or 3.92 percent to 26.50 on follow-through interest after yesterday's sharp gains.

Copyright Agence France-Presse, 2006

Comments

Comments are closed.