Bursa Malaysia ends at intraday high on better sentiment

BURSA Malaysia closed higher on Tuesday, in tandem with the better performance in regional bourses, taking the cue from the upbeat Wall Street performance overnight.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.17 points to end at an intraday high of 1,444.13 from Monday’s closing of 1,438.96.

The key index opened 0.08 of-a-point higher at 1,439.04 and hit a low of 1,438.95 in the early morning session before gaining momentum to move upwards thereafter.

On the broader market, gainers outpaced decliners 439 to 353, while 504 counters were unchanged, 1,045 untraded and 10 suspended.

Turnover decreased to 2.67 billion units worth RM1.92 bil from 3.09 billion units worth RM1.92 bil on Monday. – Oct 17, 2023

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