BURSA Malaysia ended the week on a higher note, supported by persistent buying momentum in selected financial services stocks, industrial products and services, as well as technology counters, dealers said.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.13% or 17.83 points to 1,591.72 from 1,573.89 at Thursday’s close.
The key index opened 5.18 points firmer at its intraday low of 1,579.07 and hit an intraday high of 1,600.49 in the morning session.
Banking heavyweights Maybank increased 18 sen to RM8.88, Public Bank rose 9 sen to RM4.37, CIMB climbed 19 sen to RM5.67, and Hong Leong Bank gained 12 sen to RM19.86.
Meanwhile, Petronas Chemicals added 9 sen to RM9.29, Press Metal was unchanged at RM6.75, while Inari Amertron bagged 5 sen to RM3.16.
The overall market breadth was positive with gainers thumping losers 699 to 318, while 367 counters were unchanged, 901 untraded, and 67 others suspended.
Total turnover shrank to 3.24 billion units worth RM2.92 bil against Thursday’s 5.51 billion units worth RM4.12 bil. – Feb 25, 2022
