Bursa Malaysia ends at intraday high as sentiment turns positive

BURSA Malaysia ended at its intraday high on Tuesday, in sync with the upbeat performance in regional bourses as market sentiment turned positive, fuelling investors’ risk appetite.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 8.40 points, or 0.61 per cent, to 1,391.46 from 1,383.06 at Monday’s close.

The barometer index opened 3.03 points higher at 1,386.09 this morning and hit an intraday low of 1,384.84 in the mid-afternoon session.

The broader market was also positive as gainers surpassed losers 471 to 368, while 418 counters were unchanged, 993 untraded and 16 others suspended.

Turnover increased to 2.83 billion units worth RM1.86 bil versus 2.24 billion units worth RM1.51 bil on Monday. – July 11, 2023

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