Bursa Malaysia ends higher for fourth consecutive day

BURSA Malaysia saw follow-through buying from last week with the FTSE Bursa Malaysia KLCI (FBM KLCI) ending broadly higher for the fourth consecutive day today, led by construction and energy stocks.

At 5pm today, the FBM KLCI increased 0.54 per cent or 8.09 points to 1,495.70 from last Friday’s close of 1,487.61.

The benchmark index opened 0.99 points better at 1,488.60, its intraday low, and moved in an upward trajectory to its intraday high of 1,498.52 in mid-afternoon before retreating towards closing.

On the broader market, gainers beat losers 494 to 448, while 583 counters were unchanged, 695 untraded, and 19 others suspended.

Turnover surged to 6.96 billion units worth RM4.21 bil from 6.62 billion units worth RM3.72 bil last Friday. – Jan 8, 2024

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