BURSA Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve’s substantial interest rate cut.
The FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 3.17 points, or 0.19%, to 1,668.82 at the close from Thursday’s close of 1,665.65.
It opened 5.03 points higher at 1,670.68, trading between 1,668.48 and 1,674.04 throughout the session.
In the broader market, gainers outpaced decliners 732 to 468, while 465 counters were unchanged, 850 untraded and 32 suspended.
Turnover swelled to 4.19 billion units worth RM5.97 bil, from Thursday’s 3.99 billion units worth RM4.08 bil. – Sept 20, 2024
