Bursa Malaysia ends mixed, late buying lifts KLCI to positive zone

LAST-minute buying interest in selected heavyweights led by utilities as well as consumer products and services stocks helped to lift the FTSE Bursa Malaysia KLCI (FBM KLCI) to end today’s session on a positive note, a dealer said.

However, on the broader market, losers thumped gainers 569 to 292, while 357 counters were unchanged, 1,022 untraded and eight others suspended.

At 5pm, the FBM KLCI rose marginally by 0.29 of-a-point to 1,426.08 from Friday’s close of 1,425.79.

The benchmark index, which opened 0.40 of-a-point higher at its intraday high of 1,426.19, slipped to its low of 1,418.50 in late afternoon before clawing back into the positive territory. — July 12, 2022

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