Bursa ends on a firm note on last-minute buying

BURSA Malaysia ended at an intraday high, lifted by last-minute buying in selected heavyweight stocks, led by Press Metal Aluminium Holdings Bhd and MISC Bhd, dealers said.

Press Metal and MISC lifted the index by a combined 4.92 points.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 14.15 points to end at 1,597.63 from Tuesday’s close of 1,583.48.

After opening 1.76 points easier at 1,581.72, the FBM KLCI moved between 1,579.18 and 1,597.63  throughout the day.

However, the market breadth remained negative with decliners trumping gainers 707 to 374, while 426 counters were unchanged, 730 untraded and 25 others suspended.

Turnover was higher at 5.91 billion units worth RM3.23 bil compared with 4.75 billion units worth RM2.89 bil on Tuesday. – Sept 8, 2021

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