Bursa Malaysia ends at intraday high on late buying

BURSA Malaysia snapped five consecutive days of losses last week to end higher on Monday on late buying amid the mixed regional market performance, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.42 points to 1,446.39 from Friday’s closing of 1,441.97.

The barometer index opened 0.65 of-a-point easier at 1,441.32 and thereafter hit a low of 1,440.40 before moving in an upward trajectory to end at its intraday high.

Market breadth was positive, with gainers outpacing decliners by 483 to 397, while 463 counters were unchanged, 988 untraded and 23 others suspended.

Turnover increased to 3.82 billion units worth RM2.47 bil from 2.99 billion units valued at RM1.99 bil last Friday. – Dec 11, 2023

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