KUALA LUMPUR: Bursa Malaysia ended the first week of trading in 2020 on a firm note, thanks to the rise in crude oil prices which spurred buying across the board, especially in energy-related stocks.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.88 points, or 0.55%, to close at 1,611.38 from Jan 2’s close of 1,602.50.
After opening at 1,606.31, the key index moved between 1,604.34 and 1,612.62 duuring the day.
Volume widened to 3.57 billion shares worth RM2.35 bil from 3.35 billion shares worth RM1.85 bil the previous day. Jan 3, 2020, Bernama