Bursa Malaysia ends higher on improved sentiment

BURSA Malaysia recouped last week’s losses to close in the positive territory in line with the strong performance of regional peers amidst improved regional market sentiment, an analyst said.

At 5pm, the FBM KLCI improved by 9.08 points or 0.63 per cent to 1,459.43 from 1,450.35 at Friday’s close.

The market bellwether opened 0.72 of a point higher at 1,451.07 and hit its intraday high at 1,464.70.

The broader market was also positive with gainers beating losers 545 to 405, while 452 counters were unchanged, 902 untraded and 53 others suspended.

Turnover stood at 3.29 billion units worth RM2.49 bil. – July 31, 2023

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