THE local equity market continued its upward trajectory with Bursa Malaysia closing 1.24% higher today on buying support across-the-board except for plantation counters, analysts said.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 19.56 points firmer at 1,590.88 from 1,571.32 at Wednesday’s close.
The market bellwether opened 6.24 points higher at 1,577.56 and fluctuated between 1,577.56 and 1,592.90 throughout the trading session.
The broader market was also positive with 756 gainers and 296 losers, while 402 counters were unchanged, 856 untraded and 14 others suspended.
Total turnover increased to 3.34 billion units worth RM3.71 bil from 2.59 billion units valued at RM2.71 bil on Wednesday. – March 17, 2022