Bursa Malaysia extends gains to close higher for the fourth straight day

BURSA Malaysia extended its gains to close higher for the fourth straight day, supported by continuous buying in most heavyweights amidst the recovery tone in regional markets, a dealer said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 9.85 points to 1,554.56 from Monday’s close of 1,544.71.

The benchmark index, which opened 0.24 of-a-point higher at 1,544.95, moved between 1,541.36 and 1,556.71 throughout the day.

On the broader market, gainers beat decliners 505 to 484, while 479 counters were unchanged, 802 untraded, and 12 others suspended.

Turnover rose to 4.28 billion units worth RM2.93 bil from 3.64 billion units worth RM2.71 bil yesterday. – March 12, 2024

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