Oil Refiners Continue To Trend Higher On Bursa - The FBM KCI got off to a slow start, slipping back 0.44 points to 1,771.32 points 10 minutes into the opening bell after putting in a strong performance in the previous session.
Turnover was 264.5 million shares with a value of RM109.87mil. There were 184 advancers to 106 decliners and 198 counters unchanged.
Asian shares rose to a one-month high, on track for their best annual performance since 2009, Reuters reported.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.1 percent at 563.86 points, a level last visited in late November.
Back home, the local benchmark index saw some declines in banking heavyweights following the previous day's rally. Maybank slipped bank two sen to RM9.53 and CIMB dipped one sen to RM6.49.
Petronas Chemicals also fell one sen to RM7.79.
Some advancers included Tenaga Nasional, rising four sen to RM15.16, Public Bank, gaining two sen to RM20.72 and Sime Darby Plantation, adding one sen to RM5.48.
On the broader market, refiner Hengyuan continued to put on gains, rising 60 sen to RM17.10. Petron Malaysia also rose 46 sen to RM14.32.
Glovemaker Top Glove again saw upward movement, rising seven sen to RM7.89.
Among decliners, Westports shaved off nine sen to RM3.64, Pelikan lost six sen to 82 sen and Edgenta slipped back three sen to RM2.50.
Oil markets stayed steady after some profit-taking yesterday, following a price surge on Tuesday night due to the attack on a Libyan pipeline.
US light crude rose one cent to US$59.65 a barrel while Brent crude dipped one cent US$66.43 a barrel.
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