BURSA Malaysia closed higher today as risk appetite was lifted after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 3%, a move seen as supportive of the domestic economy.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 4.32 points to 1,535.83 from yesterday’s close of 1,531.51.
The benchmark index, which opened 0.19 of a point higher at 1,531.70, moved within a narrow range between 1,531.70 and 1,539.60 throughout the day.
On the broader market, gainers outnumbered decliners 546 to 452, while 430 counters were unchanged, 847 untraded and 29 suspended.
However, turnover fell to 3.55 billion units worth RM2.60 bil from 3.65 billion units worth RM2.66 bil yesterday. – March 7, 2024
