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KL mixed in quiet trading

SHARE prices on Bursa Malaysia closed higher yesterday in a quiet trading as investors were still away for an extended Hari Raya Aidilfitri break, said a dealer.

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose a point to 1,878.34, after moving between 1,877.51 and 1,886.39 throughout the day.

Maybank Investment Bank Bhd regional chartist Lee Cheng Hooi said the market was also waiting for the outcome of the United States Federal Reserve (Fed) policy meeting last night.

On the scoreboard, the Finance Index added 17.34 points to 17,371.45 and the Industrial Index rose 4.61 points to 3,259.27.

The Plantation Index slipped 30.13 points to 9,061.64.

The FBM Emas Index was 14.93 points better to 13,125.84, FBMT100 Index rose 7.91 points to 12,691.8, FBM 70 added 13.60 points to 14,397.69 and the FBM ACE Index appreciated 59.03 points to 7,085.33.

Gainers edged losers by 461 to 408, with 473 counters unchanged, 473 untraded and 39 others suspended.

Total volume increased to 2.11 billion units valued at RM2.30 billion from 1.70 billion units valued at RM1.62 billion transacted on Friday.

Meanwhile, the FBM KLCI futures contract on Bursa Malaysia Derivatives ended higher as the market took into account leads from regional markets.

At close, spot month July 2014 was 9.5 points better at 1,883.5 while August 2014 and September 2014 added 8.5 points each to 1,882.5 and 1,880, respectively.

December 2014 increased seven points to 1,879.

Turnover jumped to 63,585 lots from 22,119 lots on Friday while open interest decreased to 28,648 contracts from 55,747 contracts previously. Bernama

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