Bursa Malaysia closes higher on buying of selected heavyweight stocks

BURSA Malaysia closed higher on Monday as investors chased selected major energy, plantation and telecommunication stocks.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 7.95 points, or 0.52% to 1,544.02 from last Friday’s close of 1,536.07.

The benchmark index opened 1.43 points higher at 1,537.50 and moved between 1,537.07 and 1,544.71 throughout the day.

On the broader market, gainers led decliners 565 to 451 with 442 counters unchanged, 815 untraded, and eight others suspended.

Turnover expanded to 3.16 billion units worth RM2.13 bil from 3.06 billion units valued at RM2.59 bil on Friday. – April 1, 2024

Subscribe and get top news delivered to your Inbox everyday for FREE