Banking, utilities and plantation counters lift Bursa Malaysia higher on Wednesday

BURSA Malaysia continued its upward momentum to end higher for the second consecutive day on Wednesday as gains were largely supported by buying interest in selected banking, utilities, and plantation heavyweights.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.96 points to 1,618.38 from Tuesday’s (July 9) close of 1,614.42.

The key index opened 0.71 of-a-point easier at 1,613.71, and moved between 1,613.65 and 1,620.83 throughout the day.

On the broader market, gainers led decliners 569 to 549, with 518 counters unchanged, 784 untraded and six suspended.

Turnover increased to 4.76 billion units worth RM3.71 bil from 4.65 billion units worth RM3.84 bil yesterday. – July 10, 2024

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