Bursa Malaysia extends rally for fourth day running, CI ends at intraday high of 1,415.10

BURSA Malaysia continued its upbeat momentum for the fourth consecutive trading day, with the key index gaining 1.05%, lifted by buying in banking stocks.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) surged 14.74 points to finish at an intraday high of 1,415.10 from Tuesday’s close of 1,400.36.

The FBM KLCI opened 2.32 points higher at 1,402.68, but thereafter hit an intraday low of 1,400.28, before picking up steam throughout the day to close higher.

On the broader market, gainers slightly outpaced losers 437 to 426, while 382 counters were unchanged, 1,117 untraded and 18 others suspended — Oct 19, 2022

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