BURSA Malaysia closed at its intraday high on Monday, driven by bargain hunting in heavyweights with a focus on plantation and construction stocks.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 12.45 points, or 0.77 per cent, to 1,616.43 from Friday’s close of 1,603.98.
The benchmark index opened 3.77 points firmer at 1,607.75, reaching its lowest point of the day, before making an upward climb throughout the day.
Market breadth was positive, with advancers trouncing decliners 537 to 485, while 502 counters were unchanged, 877 untraded, and 30 suspended.
Turnover slipped to 2.41 billion units valued at RM2.15 bil versus 2.47 billion units valued at RM2.14 bil last week. – Nov 4, 2024
