BURSA Malaysia’s barometer index unexpectedly made a positive ending with slight gains despite cautious trading throughout the day.
Investors, meanwhile, await the release of the United States inflation data later which could influence the Federal Reserve’s policy outlook.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) improved by 0.15 of a point to end at its intraday high of 1,453.54.
The index opened 6.36 points lower at 1,444.81 from 1,453.39 at Tuesday’s (Sept 12) close.
Market breadth was mixed, with 480 decliners outnumbering 405 gainers, while 440 counters were unchanged and 1,009 untraded. – Sept 13, 2023
