It's the new 'Last Minute' for greedy stock investors


 Bursa Malaysia finally showed some positive movement after taking cues from Wall Street's excellent performance overnight.

At the opening, the FBM KLCI index started up 1.97 points at 1,467.90 before rising 4.78 points at 1,470.71 compared to Thursday's close at 1,465.93.

In the broader market, gains at 246 offset losses at 143, while 267 counters were unchanged, 1,599 untraded and 12 suspended.

Total revenue at 485.12 million units worth RM142.49 million.

According to Rakuten Trade Sdn Bhd, the KLCI index is expected to recover to hover at 1,460-1,475 based on the positive performance of Wall Street.

In addition, the performance of the construction sector is judged to be improving which is expected to be a choice among investors soon.

Heavyweight stocks saw Maybank and Public Bank gain 1 sen at RM8.63 and RM4.42, CIMB shed 2 sen at RM5.63, TNB jumped 15 sen at RM9.30 and IHH Healthcare gained 5 sen at RM5.90.

Active stocks saw Sapura Energy and MQ Technology gain 0.5 sen to 4.5 sen and 5.5 sen, Icon Offshore rose 1 sen to 9 sen and Infomina added 11 sen to RM1.20 while AHB Holdings, Yew Lee Pacific, Reservoir Link and Ni Hsin were flat at 14 cents, 32 cents, 42 cents and 15.5 cents.

On the index board, the FBM Emas index added 33.08 points at 10,557.69, the FBMT 100 index gained 32.55 points at 10,261.20, the FBM Emas Shariah index jumped 37.44 points at 10,726.71, the FBM 70 gained 37.81 points at 12,876.94 and the FBM ACE rose 26.52 points at 5,528.

In terms of sectors, the Plantation index rose 6.88 points at 6,739.67, the Financial Services index added 32.04 points at 16,451.86, the Products and Services index decreased 0.08 points at 180.35 and the Energy index fell 2.48 points at 772.63.