BURSA Malaysia closed marginally higher today as gains in utility giants were trimmed by profit-taking in selected index-linked telecommunication heavyweights, analysts said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.43 points to 1,616.75 compared to Wednesday’s (July 3) close of 1,615.32.
The benchmark index, which opened 0.64 of-a-point firmer at 1,615.96, moved between 1,614.71 and 1,619.75 throughout the trading session.
On the broader market, gainers led decliners 586 to 558, with 495 counters unchanged, 764 untraded and six others suspended.
Turnover fell to 4.93 billion units worth RM3.79 bil from yesterday’s 5.47 billion units worth RM4.0 bil. – July 4, 2024
Main photo credit: The Edge Markets
