Bursa bucks regional trend to end marginally higher at closing

BURSA Malaysia held on to earlier gains to close marginally higher today, bucking the regional trend, as investors risk appetite improved, dealers said.

At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.94 points to 1,596.74 from 1,594.80 at yesterday’s close.

The index opened 1.26 points higher at 1,596.06 and moved between 1,595.02 and 1,605.7 throughout the day.

On the broader market, gainers beat losers 585 to 535, while 455 counters were unchanged, 547 untraded and 32 others suspended.

Total volume was lower at 6.63 billion units worth RM4.81 bil compared with 6.71 billion units worth RM4.28 bil on Thursday. – Jan 22, 2021

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