BURSA Malaysia closed higher today amid a mixed performance by regional peers as local market sentiment recovered with buying support seen in heavyweights, mainly banking stocks.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 5.19 points to end the day at 1,451.00 from 1,445.81 at Monday’s close.
The barometer index opened 1.60 points lower at 1,444.21 and subsequently hit a low of 1,441.63 before gathering steam to move on a upward trajectory. It reached an intraday high of 1,452.47 at mid-afternoon.
On the broader market, gainers beat losers 437 to 389, while 456 counters were unchanged, 1,008 untraded and 14 others suspended.
Turnover increased marginally to 3.17 billion units worth RM1.71 bil from 3.13 billion units worth RM1.34 bil yesterday. – Aug 8, 2023
