Bursa bucks regional trend, CI ends at intraday high

BURSA Malaysia bucked the regional trend to close higher today, with its key index rebounding from a two-day losing streak, thanks to improved risk appetite in selected heavyweights.

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI), which recovered at the start of the afternoon session, rose 5.78 points to finish at an intraday high of 1,608.35 after hitting a low of 1,589.81 earlier.

However, on the broader market, losers led gainers 676 to 479, while 585 counters were unchanged, 342 untraded and 12 others suspended.

Total volume decreased to 6.27 billion units worth RM4.0 bil from 7.42 billion units worth RM5.89 bil on Monday. – Jan 5, 2021

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