BURSA Malaysia closed higher today as bargain hunting continued throughout today’s trading session in almost all sectors across the board led by healthcare.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.56% or 8.50 points to 1,520.82 from Wednesday’s close of 1,512.32.
The market bellwether opened 0.25 of-a-point better at 1,512.57 and moved between 1,511.60 and 1,523.98 throughout the day.
On the broader market, gainers surpassed losers 612 to 348, while 499 counters were unchanged, 769 untraded and 18 others suspended.
Turnover advanced to 5.08 billion units worth RM3.49 bil from Wednesday’s 4.37 billion units valued at RM2.99 bil.
An analyst said the lower movement of the key index which hovered below the support level of 1,520 in earlier session, prompted interest from institutional investors to buy on weakness especially in the bluechip stocks.
“While this presented an opportunity for investors to fortify their holdings and help to stabilise the market, the interest in healthcare accelerated following a steep rise in the daily COVID-19 infections,” she told Bernama.
The daily number of COVID-19 infections in Malaysia recorded the highest since the pandemic hit the country at 13,215 cases today, said Health director-general Tan Sri Dr Noor Hisham Abdullah.
IHH Healthcare Bhd advanced six sen to RM5.70, Top Glove Corporation Bhd surged 28 sen to RM4.04, Hartalega Holdings Bhd jumped 38 sen to RM7.64, LKL International Bhd was up four sen to 31.5 sen and Careplus Group Bhd perked 23 sen to RM1.99.
Other heavyweights, Malayan Banking Bhd (Maybank) was flat at RM8.05, Public Bank Bhd dropped two sen to RM4.05, Petronas Chemicals Group Bhd added one sen to RM8.04, Tenaga Nasional Bhd (TNB) added 10 sen to RM9.72 and CIMB Group Holdings Bhd gained one sen to RM4.54.
As for most active counters, Serba Dinamik Holdings Bhd improved 4.5 sen to 45.5 sen, followed by LKL and Careplus.
Pasukhas Group Bhd however shed 3.5 sen to 19.5 sen, while Main Market debutant Yenher Holdings Bhd fell five sen to 90 sen. – July 15, 2021
