Bursa Malaysia rebounds to end at intraday high on bargain hunting

BURSA Malaysia rebounded to end at an intraday high today as bargain hunting emerged following a series of sell-offs, amid the upbeat regional market performance.

At 5 pm, the FBM KLCI rose 13.36 points, or 0.84 per cent, to 1,591.03 from Thursday’s close of 1,577.67.

The market bellwether opened 2.25 points higher at 1,579.92 and subsequently hit a low of 1,578.14 in the early session before trending upwards towards closing.

On the broader market, gainers led decliners 572 to 448, while 506 stocks were unchanged, 826 untraded, and 21 suspended.

Turnover narrowed to 2.99 bil units worth RM2.63 bil from 3.15 bil units worth RM2.43 bil on Thursday—Feb 21, 2025

Main image: New Straits Times

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