Bursa Malaysia ends higher on improved sentiment on Thursday

BURSA Malaysia continued its upbeat momentum to end higher for the second straight day today, due to an improvement in sentiment and a resurgence in bargain-hunting following the recent downturn, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.34 points, or 0.28 per cent, to 1,544.76 from Wednesday’s (April 17) close of 1,540.42.

The benchmark index, which opened 0.58 of-a-point easier at 1,539.84, moved between 1,538.68 and 1,548.46 throughout the trading session.

On the broader market, gainers trounced decliners 570 to 469, while 493 counters were unchanged, 832 untraded, and 21 others suspended.

Turnover widened to 3.84 billion units worth RM2.62 bil from 3.45 billion units worth RM2.67 bil on Wednesday.  – April 18, 2024

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