Bursa snaps two-day losing streak to end slightly higher on Friday

BURSA Malaysia snapped a two-day losing streak to close slightly higher today, in tandem with the uptrend in regional bourses, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was marginally higher by 1.44 points, or 0.11 per cent to 1,376.08 from 1,374.64 at Thursday’s (June 8) close.

The key index opened 0.94 of a point higher at 1,375.58 this morning and moved between 1,373.08 and 1,381.26 throughout the session.

The market breadth was positive as gainers led decliners 489 to 341, while 445 counters were unchanged, 968 untraded and 21 others suspended.

Turnover widened to 3.34 billion units worth RM1.49 bil versus 2.68 billion units worth RM1.61 bil on Thursday. – June 9, 2023

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