Bursa ends higher lifted by glove, industrial products stocks

BURSA Malaysia ended the week modestly higher, driven by steady gains in heavyweights led by rubber glove and industrial products counters as the broader market breadth also turned positive.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 0.70 of-a-point to 1,608.43 compared to Thursday’s close of 1,607.73.

The market bellwether opened 0.45 of-a-point lower at 1,607.28 and moved between 1,605.44 and 1,610.81 throughout the day.

Overall market breadth turned positive at the last leg of trading, as gainers surpassed losers by 574 versus 478, while 454 counters were unchanged, 687 untraded and 17 suspended.

Total volume decreased to 6.55 billion shares worth RM4.19 bil from 7.90 billion shares worth RM4.98 bil on Thursday. – April 23, 2021

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