Bursa Malaysia ends higher on buying support from local and foreign institutions

BURSA Malaysia continued its upbeat momentum to end higher for the fifth consecutive day on Tuesday thanks to buying from local and foreign institutions, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.05 points to 1,561.64 from Monday’s close of 1,559.59.

The benchmark index which opened 0.22 of-a-point better at 1,559.81, moved between 1,559.81 and 1,567.57 throughout the trading session.

On the broader market, gainers thumped decliners 642 to 402, while 507 counters were unchanged, 823 untraded and 22 others suspended.

Turnover improved to 3.73 billion units worth RM2.79 bil from 3.49 billion units worth RM2.53 bil on Monday. – April 24, 2024

Subscribe and get top news delivered to your Inbox everyday for FREE