Bursa Malaysia opened slightly higher on Wednesday with gains limited by emerging profit taking in selected heavyweights, dealers said.
At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.21 point to 1,643.05, after opening 2.08 points weaker at 1,641.18.
Market breadth was positive with gainers leading losers 172 to 82, with 143 counters unchanged, 1,371 untraded and 12 others suspended.
Turnover stood at 97.10 million shares worth RM49.71 million.
Based on yesterday's close, RHB Retail Research said buyers were retaining control of the market, as the recent low of 1,607.50-point support mentioned previously was not violated.
"On the other hand, we are eyeing the immediate resistance level at 1,673 points, while the next resistance would likely be at the 1,700-point psychological mark.
"Hence, we advise traders to maintain long positions. A stop-loss can be set below the 1,607.50-point mark in order to limit the downside risk," it said in a research note today.
Of the heavyweights, Maybank added one sen to RM8.26, TNB rose 10 sen to RM13.20, Petronas Chemicals increased two sen to RM7.09 while Public Bank was flat at RM18.28.
Among actives, Asia Media and Marco Holdings earned half-a-sen each to 14.5 sen and 16 sen respectively, Sersol improved 5.5 sen to 22 sen while SMTrack was flat at 11.5 sen.
On the scoreboards, the FBM Emas Index advanced 2.60 points to 11,507.16, the FBMT100 Index went up 5.18 points to 11,182.86 and the FBM Emas Shariah Index rose 11.93 points to 12,453.75.
The FBM Ace climbed 34.73 points to 6,369.72 and the FBM 70 improved 29.83 points to 12,976.60.
On a sectoral basis, the Finance Index slipped 30.50 points to 13,952.91, as the Industrial Index contracted 2.98 points to 3,166.67 and the Plantation Index dipped 22.50 points to 7,351.74.
Bernama
Wed Dec 23 2015
Of the heavyweights, Maybank added one sen to RM8.26, TNB rose 10 sen to RM13.20, Petronas Chemicals increased two sen to RM7.09 while Public Bank was flat at RM18.28.
“I love you Am, bahagialah di syurga firdausi” - Aufahanie
Air mata Aufahanie sudah kering meratapi pemergian abang tercinta, Nidza Afham yang ditemui meninggal dunia selepas dilaporkan hilang.
Konsert jelajah: Taylor Swift teruskan konsert London selepas ancaman keganasan
Taylor Swift akan meneruskan persembahan di London pada Khamis, meneruskan jelajah konsert terbesar dunia di tengah-tengah kebimbangan keselamatan susulan cubaan serangan Daesh memaksa pembatalan tarikh konsert di Vienna, minggu lalu.
Taliban rai ulang tahun ketiga pemerintahan Afghanistan
Kerajaan Taliban semalam meraikan ulang tahun ketiga pemerintahannya di Afghanistan dengan perarakan tentera yang memberi penghormatan kepada bom buatan sendiri yang digunakan ketika peperangan, pesawat pejuang dan perbarisan pasukan keselamatan.
Bapa bintang bola sepak Sepanyol, Lamine Yamal ditikam - Laporan
Mounir Nasraoui, bapa kepada Lamine Yamal, ditikam pada lewat Rabu di tempat letak kereta di bandar Mataro di timur laut Sepanyol.
Warga AS dihukum penjara 15 hari di Rusia kerana bersikap samseng
Mahkamah Moscow menjatuhkan hukuman penjara 15 hari kepada warga Amerika Syarikat Joseph Tater pada Rabu kerana bersikap samseng.
Putin anggap rundingan dengan Ukraine tidak berguna
Presiden Rusia Vladimir Putin menyifatkan, tindakan Ukraine yang menyerang orang awam memperlihatkan keengganan Kyiv menyelesaikan konflik peperangan dua negara dengan cara perdamaian.
Fadillah tiba di Peru, hadiri mesyuarat menteri-menteri tenaga APEC 2024
Timbalan Perdana Menteri, Datuk Seri Fadillah Yusof tiba Lima, Peru bagi menghadiri Mesyuarat Menteri-Menteri Tenaga (EMM) di bawah Kerjasama Ekonomi Asia Pasifik (APEC) yang berlangsung selama dua hari.
BNM denda Maybank RM4.32 juta, CIMB RM760,000 berikutan gangguan perkhidmatan berpanjangan
Bank Negara Malaysia mengenakan Penalti Monetari Pentadbiran (AMP) sebanyak RM4.32 juta ke atas Malayan Banking Bhd dan Maybank Islamic Bhd serta RM760,000 ke atas CIMB Bank Bhd dan CIMB Islamic Bank Bhd susulan gangguan beberapa perkhidmatan perbankan yang berpanjangan.
Pertubuhan kebajikan New Zealand mohon maaf edar gula-gula bercampur dadah Methamphetamine
Auckland City Mission secara tidak sengaja telah mengagihkan gula-gula bercampur Methamphetamine yang boleh membawa maut melalui pek makanan.
Pesakit buah pinggang di Gaza hadapi kekurangan mesin dialisis
Pesakit buah pinggang di Gaza menghadapi kekurangan peralatan dialisis dan bekalan perubatan yang teruk di Khan Younis.