BURSA Malaysia’s upbeat performance had continued on Monday, supported by expectations of a bullish earnings season as well as positive sentiments from the Malaysian political scene.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 4.40 points or 0.29% to 1,522.43, from Friday’s close of 1,518.03.
The market bellwether opened 1.96 points higher at 1,519.99 and moved between 1,519.53 and 1,524.86 throughout the day.
Market breadth was also positive with gainers surpassing decliners 567 to 403, while 440 counters were unchanged, 798 untraded and seven others suspended.
Turnover increased to 4.21 billion shares worth RM2.15 bil from 3.68 billion shares worth RM1.89 bil on Friday. – Aug 23, 2021
