Bursa Malaysia ends higher on bargain hunting, CI up 0.63pct

BURSA Malaysia closed higher today as bargain hunting emerged following yesterday’s sell-down, amid the mostly lower regional market performance, said an analyst.

At 5pm today, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended 0.63 per cent or 9.27 points firmer to 1,462.37 from Tuesday’s close of 1,453.10.

The benchmark index, which opened 0.56 points easier at 1,452.54, moved between 1,450.17 and 1,465.69 throughout the trading session.

On the broader market, gainers outpaced losers 715 to 352, while 382 counters were unchanged, 779  untraded and 22 suspended.

Turnover surged to 5.63 billion units worth RM3.12 bil from 4.91 billion units valued at RM2.00 bil yesterday. – Jan 3, 2024

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