Bursa ends higher at close thanks to energy, utilities, banking, consumer sectors

BURSA Malaysia wrapped up today’s trading on a higher note as gains in blue chips mainly from energy, utilities, banking, and consumer sectors helped offset losses in technology, healthcare and lower liners.

At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.23 points to 1,620.92 versus Friday’s close of 1,615.69.

The index opened 3.93 points higher at 1,619.62 and fluctuated between 1,619.21 and 1,624.74 throughout the day.

On the broader market, gainers led losers by 610 to 586, while 406 counters were unchanged, 593 untraded and 11 others suspended.

Total volume surpassed the 10 billion mark to close at 10.29 billion shares worth RM5.22 bil from Friday’s 9.64 billion shares worth RM5.51 bil. 

The technology sector was under pressure after a four-day rally, mirroring the loss in the tech-heavy Nasdaq Composite. – March 15, 2021

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