Bursa Malaysia ends higher on improved sentiment

BURSA Malaysia maintained its upbeat momentum to close higher today, driven by bargain hunting on improved market sentiment, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) improved 10.69 points, or 0.78 per cent, to 1,386.77 from 1,376.08 at Friday’s close.

The key index opened 1.53 points firmer at 1,377.61 this morning and moved between 1,377.61 and 1,390.55 throughout the session.

The market breadth was positive as gainers beat decliners 481 to 371, while 434 counters were unchanged, 958 untraded, and 12 others suspended.

Turnover decreased marginally to 3.01 billion units worth RM1.72 bil versus 3.34 billion units worth RM1.49 bil on Friday. – June 12, 2023

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