Bursa Malaysia extends gains to end higher for 5th consecutive day

BURSA Malaysia continued its recent bullish streak, ending higher today for the fifth straight session with buying activities mainly on banking, telecommunication and consumer stocks while profit-taking was seen on utility stocks.

The barometer index had increased by 45.73 points over the five days.

At 5pm today, the FBM KLCI climbed 0.21 per cent, or 3.13 points to 1,498.83 from Monday’s close of 1,495.70.

The benchmark index opened 1.47 points firmer at 1,497.17 and moved between 1,496.84 and 1,503.93 throughout the trading session.

However, in the broader market, decliners outnumbered gainers 605 to 410 while 475 counters were unchanged, 729 untraded and 19 others suspended.

Turnover declined to 6.44 billion units worth RM3.77 bil from 6.96 billion units worth RM4.21 bil on Monday. – Jan 9, 2024

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