Bursa Malaysia ends at fresh 44-month high on positive sentiment

BURSA Malaysia’s benchmark index gained 0.81%, closing at a fresh 44-month high today, buoyed by robust sentiment amid strong earnings by the financial services sector, said an analyst.

At the close, the FTSE Bursa Malaysia KLCI (KLCI) rose 13.33 points to 1,652.29 from Monday’s close of 1,638.96.

The index opened 0.20 of-a-point higher at 1,639.16, its intraday low, and later hit an intraday high of 1,653.12 in the afternoon session.

This level was the highest since Dec 21, 2020, when the index closed at 1,647.89. – Aug 27, 2024

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