Bursa Malaysia ends at intraday high on improved sentiment

BURSA Malaysia ended the week in positive territory at its intraday high today, taking the cue from the improved performance of regional markets and optimism surrounding China’s reopening as well as the weakening of the US dollar, a dealer said.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced by 6.37 points or 0.42% to reach its intraday high of 1,495.03 from yesterday’s (Jan 12) closing of 1,488.66.

The market bellwether opened 0.61 of-a-point weaker at 1,488.05.

Market breadth was positive with gainers surpassing decliners 517 to 382, while 408 counters were unchanged, 895 untraded and 20 others suspended.

Turnover decreased to 3.40 billion units worth RM2.02 bil against yesterday’s 3.57 billion units worth RM2.75 bil. — Jan 13, 2023

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