Bursa Malaysia ends higher in sync with regional markets

BURSA Malaysia’s benchmark FBM KLCI ended higher today in tandem with the upbeat performance in most regional markets and ahead of the US personal consumption expenditures (PCE) data due out later tonight.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 5.85 points to close at 1,551.44 from yesterday’s close of 1,545.59.

The benchmark index opened 2.03 points better at 1,547.62 and moved between 1,544.67 and 1,554.79 throughout the session.

However, in the broader market, losers outpaced gainers 679 to 370, while 431 counters were unchanged, 810 untraded and 43 others suspended.

Turnover expanded to 5.34 billion units worth RM7.01 bil versus yesterday’s 4.78 billion units worth RM3.30 bil. – Feb 29, 2024

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