Bursa Malaysia ends higher led by energy stocks, CI up 0.67%

BURSA Malaysia closed higher on broad-based buying during the late session, with the market bellwether ending at an intraday high, driven by energy stocks, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.67 per cent, or 10.66 points, to 1,585.17, compared with Wednesday’s close of 1,574.51.

The benchmark index opened 1.92 points firmer at 1,576.43 and hit a low of 1,573.90 in the early session before trending steadily upwards in the afternoon session.

On the broader market, gainers led decliners 485 to 391, while 511 counters were unchanged, 914 untraded and 12 suspended.

Turnover advanced to 2.93 billion units valued at RM2.10 bil versus 2.86 billion units worth RM2.32 bil on Wednesday. – Feb 6, 2025

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