BURSA Malaysia closed higher today due to bargain hunting, led by banking, gaming, and oil and gas (O&G) stocks.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.7% or 10.16 points to 1,426.11 from last Friday’s close of 1,415.95.
The index opened 0.26 of a point better at 1,416.21 and moved between 1,415.92 and 1,428.32 throughout the trading session.
The market breadth was positive with gainers outnumbering decliners 433 to 403 while 397 counters were unchanged, 1,006 untraded and 18 others suspended.
Turnover rose to 2.90 billion units valued at RM1.52 bil from 2.64 billion units worth RM1.48 bil on last Friday.
The market was closed on Monday (May 1) for Labour Day. – May 2, 2023
