KL shares on upbeat mode with 846 gainers amid GDP boost on Friday

SHARES on Bursa Malaysia closed in an upbeat mode Friday as investors cheered the nation’s first-quarter (1Q) gross domestic product (GDP) growth, which beats consensus estimates.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) settled 5.51 points higher at 1,616.62 from yesterday’s (May 16) closing of 1,611.11.

The barometer index opened 1.31 points higher at 1,612.42 and moved between 1,611.93 and 1,619.45 throughout the session.

Gainers outnumbered losers 846 to 374, with 497 counters unchanged, 652 untraded and 10 others suspended. – May 17, 2024

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