BURSA Malaysia bucked the regional trend to end higher for three straight days on bargain hunting in selected heavyweights led by Tenaga Nasional and Top Glove.
The two counters contributed a combined 4.45 points to the barometer index, dealers said.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 17.37 points or 1.17 per cent to end at its intraday high of 1,502.01 compared with 1,484.64 at Thursday’s close.
The index opened 0.79 of-a-point better at 1,485.43 and subsequently hit a low of 1,482.39.
However, on the broader market, losers led gainers 434 to 425, while 427 counters were unchanged, 1,040 untraded, and 43 others suspended.
Turnover declined to 2.81 billion units valued at RM2.74 bil from Thursday’s 2.83 billion units valued at RM2.35 bil. — Dec 17, 2021
