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Shares on Bursa Malaysia picked up momentum at mid-morning today with market sentiment lifted by the overnight rise in global oil prices.
At 11 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 6.29 points better at 1,681.5, after opening 0.43 of-a-point higher at 1,675.64.
The index closed at 1,675.21 on Wednesday.
Market breadth was positive with gainers outpacing losers 428 to 202, with 323 counters unchanged, 780 counters untraded and 26 others suspended.
Turnover stood at 949.94 million shares worth RM566.14 million.
The overnight US Crude price stood at US$52.28 per barrel, three cents higher, while Brent Crude ended US$1.46 higher at US$55.10 a barrel.
For heavyweights, Maybank rose two sen to RM8.32, TNB and Sime Darby were flat at RM14 and RM8.50, while Public Bank increased four sen to RM20.10.
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