Bursa Malaysia ends higher as China’s stimulus measures lift regional sentiment

BURSA Malaysia closed higher on Tuesday, driven by a positive Wall Street performance overnight and after China announced a stimulus package to jumpstart its struggling economy.

The FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.07 points, or 0.30%, to 1,670.37 at the close from Monday’s showing.

The benchmark index opened 1.95 points higher at 1,667.25 and traded between 1,665.51 and 1,671.47 throughout today’s session.

In the broader market, gainers led decliners 558 to 549, while 508 counters were unchanged, 890 untraded and 19 suspended.

Turnover improved to 3.51 billion units worth RM3.10 bil from Monday’s 3.36 billion units worth RM3.1 bil. – Sept 24, 2024

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