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Bursa Malaysia Stays Higher At Mid-Morning On Continous Buying Activities

KUALA LUMPUR, Oct 27 (Bernama) -- Bursa Malaysia stayed higher mid-morning, supported by continuous buying in selected heavyweights, mainly utility counters. 

At 11 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 2.67 points to 1,607.03 from Monday’s close of 1,604.36.

The benchmark index opened 2.98 points higher at 1,607.34.

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Across the broader market, gainers outpaced losers 530 to 313, while 430 counters were unchanged, 1,620 untraded, and 52 suspended.

Turnover stood at 1.22 billion units worth RM710.92 million.

Among the heavyweight stocks, YTL Power International rose 15 sen to RM5.11, while YTL Corporation added six sen to RM2.02. Tenaga Nasional gained four sen to RM13.32, and CIMB improved one sen to RM7.11. Maybank was flat at RM9.98. 

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In active trade, Zetrix AI eased half a sen to seven sen, while Aimax was flat at half a sen.  Axteria added two sen to 21.5 sen, while Ni Hsin and VS Industry gained one sen to 48.5 sen and 34.5 sen, respectively. 

Malaysian Pacific Industries led the top gainers, adding 50 sen to RM41.08, while ViTrox Corporation added 44 sen to RM11.16. UWC Bhd rose 29 sen to RM7.55, and MI Technovation went up 26 sen to RM6.91. Nestle rose 24 sen to RM90.50.

Among the top losers, United Plantations lost 38 sen to RM29.52, while PPB Group declined 25 sen to RM8.77. Fraser & Neave lost 18 sen to RM19.82, and Westports Holdings gave up 14 sen to RM6.75. 

On the index board, the FBM Emas Index increased 28.95 points to 12,005.95, while the FBM Top 100 Index rose 24.38 points to 11,799.32.

The FBM Mid 70 Index gained 55.68 points to 17,319.22, the FBM Emas Shariah Index was 31.07 points higher at 12,005.86, and the FBM ACE Index went up 41.48 points to 5,435.14.

Sector-wise, the Industrial Products and Services Index edged up 0.74 of a point to 176.15, and the Energy Index increased 1.94 points to 850.67, while the Financial Services Index shed 13.36 points to 18,560.50, and the Plantation Index slid 6.47 points to 8,617.50. 

-- BERNAMA