Bursa ends broadly higher at closing, KLCI up 0.79%

BURSA Malaysia ended the week broadly higher, snapping a five-consecutive session of losses, on bargain-hunting activities.

At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 11.87 points or 0.79% to 1,520.58 from Thursday’s close of 1,508.71.

The market bellwether opened 0.35 of-a-point easier at 1,508.36, the day’s lowest level, and hit an intraday high of 1,522.8.

On the broader market, gainers outpaced losers 658 to 326, while 444 counters were unchanged, 775 untraded, and 10 others suspended.

Turnover eased to 3.98 billion units worth RM2.86 bil from Thursday’s 5.35 billion units worth RM3.54 bil.

Heavyweights, Maybank jumped 10 sen to RM8.13, Public Bank and IHH Healthcare added one sen each to RM4.06 and RM5.61, respectively, while, Petronas Chemicals and TNB climbed seven sen each to RM8.06 and RM9.69.

Meanwhile, Hong Leong Bank was flat at RM18.66, Press Metal fell three sen to RM4.90, and Axiata eased two sen to RM3.78.

Of the actives, Serba Dinamik rose 1.5 sen to 45.5 sen, Kanger International and AT Systematization inched up half-a-sen each to six sen and seven sen, respectively, Hong Seng Consolidated surged 17 sen to RM1.07, Careplus gained 10 sen to RM1.75, Pegasus was flat at two sen, while Asdion shed 30 sen to 41.5 sen. – July 9, 2021

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