Bursa Malaysia ends firmer on bargain hunting

BURSA Malaysia ended on a positive note today on bargain hunting as investors picked up beaten-down counters after yesterday’s sharp fall, dealers said.

At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 6.71 points to 1,537.63  from Monday’s close of 1,530.92.

The index, which opened 1.29 points firmer at 1,532.21, fluctuated between 1,532.21 and 1,544.0 during the day.

On the broader market, gainers outpaced losers 629 to 404, while 434 counters were unchanged, 808 untraded, and 15 others suspended.

Turnover rose to 3.65 bil units valued at RM2.71 bil from Monday’s 3.47 bil units valued at RM3.23 bil. – Nov 2, 2021

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