Bursa Malaysia closes higher on late buying

BURSA Malaysia reversed earlier losses to finish in the positive territory due to late buying after experiencing choppy trading throughout the day, a dealer said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.92 of-a-point to 1,448.04 compared with yesterday’s closing of 1,447.12.

The key index opened 1.04 points easier at 1,446.08 and moved between 1,443.72 and 1,448.48 throughout the day.

The broader market was also positive, with gainers outpacing losers 482 to 378, while 456 counters were unchanged, 1,012 untraded, and 21 others suspended.

Turnover improved to 3.76 billion units worth RM2.40 bil from 3.28 billion units worth RM2.38 bil yesterday. – Dec 13 2023

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