#BURSA Sector-wise; the #Industrial-Index higher #Finance-Index improved #Plantation-Index lost points.

Malaysia: Share prices on Bursa Malaysia rebounded to open higher, after yesterday's losses, on renewed buying interest, dealers said.

At 9.05 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.59 points firmer at 1,719.95 from Monday's close of 1,718.36.

The index opened 0.47 of-a-point stronger at 1,718.83.

One dealer said the uptrend may be short-lived amid uncertainties over US tax reforms and geopolitical tensions in the Middle East.

"Towards the downside, we keep our immediate support level at the 1,700 points psychological level while towards the upside, the immediate resistance is detected at the 1,717 points level ," he added.

On the scoreboard, the FBM Emas Index was 12.72 points firmer at 12,395.38, FBMT 100 Index advanced 14.11 points to 12,048.73 and FBM Emas Shariah Index perked 15.54 points to 12,846.47.

The FBM 70 climbed 28.73 points to 15,282.99 and the FBM Ace was 11.02 points better at 6,419.18.

Sector-wise, the Industrial Index was 3.61 points higher at 3,147.58, the Finance Index improved 0.55 of-a-point to 15,975.81 but the Plantation Index lost 0.34 of-a-point to 7,888.29.

On the broader market, gainers led losers 118 to 86 while 173 counters remained unchanged with 1,507 untraded and 20 others were suspended.

Turnover stood at 72 million shares worth RM25.61 million.

Among heavyweights, TNB perked six sen to RM14.88 and Sime Darby added three sen to RM9.02.

Maybank, Public Bank and Petronas Chemicals were all flat at RM9.21, RM20.32 and RM7.28, respectively.

Among actives, Nova MSC gained one sen to 11 sen and Green Packet earned half-a-sen to 43.5 sen respectively.

Palette Multimedia lost 1.5 sen to 29 sen and CME Group eased half-a-sen to 4.5 sen while Hubline was flat at 12.5 sen.

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