Bursa ends on a firm note, boosted by energy and tech stocks

SHARES on Bursa Malaysia continued to be on an uptrend at the close, boosted by persistent buying in energy and technology-linked counters.

The energy index rose 3.51% to 831.10, while the technology index went up by 3.23%.

At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 2.5 points or 0.158% to 1,582.99 from Tuesday’s close of 1,580.49.

The index opened 3.53 points higher at 1,584.02 and oscillated from a low of 1,582.54 to a high of 1,597.93 throughout the day.

On the broader market, gainers overpowered losers 733 to 429, while 430 counters were unchanged, 537 untraded and 11 others suspended.

Total volume rose to 6.09 billion units worth RM4.93 billion from 5.92 billion units worth RM4.39 billion on Tuesday. – Feb 3, 2021

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