Bursa Malaysia bounces back to positive zone on buying in selected blue chips

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BURSA Malaysia rebounded from yesterday’s heavy profit-taking to end higher as investors resumed nibbling on blue chips after yesterday’s significant profit-taking, said Rakuten Trade Sdn Bhd.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.61 points, or 0.47% to 1,629.68 from Monday’s close of 1,622.07.

The key index, which opened 3.16 points higher at 1,625.23, moved between 1,625.23 and 1,632.50 throughout the day.

Turnover slid to 5.11 billion units worth RM3.59 bil from Monday’s 5.34 billion units worth RM3.42 bil. – July 24, 2024

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