THE FTSE Bursa Malaysia KLCI (FBM KLCI) reversed earlier losses and finished in positive territory, reaching the 1,490 level due to last-minute buying on heavyweights amid mixed performance by its regional peers.
At 5pm, the benchmark FBM KLCI went up 0.67 of-a-point to 1,490.47 compared with Thursday’s (Feb 2) close of 1,489.80.
The benchmark index opened 0.76 of-a-point firmer at 1,490.56 and moved between 1,485.25 and 1,493.34 throughout the session.
However, market breadth was negative with losers leading gainers 510 to 443, while 388 counters were unchanged, 829 untraded and 20 others suspended.
Turnover narrowed to 4.36 billion units worth RM2.41 bil against Thursday’s 5.14 billion units worth RM2.95 bil. — Feb 3, 2023