Bursa Malaysia ends at intraday high on late buying, CI up 1.75%

BURSA Malaysia recouped yesterday losses to close at its intraday high on Tuesday, with the key index surging 1.75% on late buying interest, mostly in heavyweights particularly financial services as well as plantation counters.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 27.08 points to 1,570.10 from 1,543.02 at Monday’s close.

The index opened 1.33 points higher at 1,544.35 and hit a low of 1,537.95 in the morning session.

Market breadth was also positive with gainers leading losers 535 to 395, while 425 counters were unchanged, 924 untraded and 42 others suspended.

Total turnover increased to 3.80 billion units worth RM6.11 bil from 3.05 billion units worth RM1.82 bil on Monday. — May 31, 2022

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