BURSA Malaysia extended its winning streak for a third consecutive day today, buoyed by renewed investor confidence or strategic repositioning, said UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan.
He said that notably, Malaysia emerged as the best-performing market in Asia today, underscoring its increasing resilience and growing appeal among investors.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.16 per cent, or 17.68 points, to end at its intraday high of 1,535.73 from Wednesday’s close of 1,518.05.
The benchmark index opened 4.97 points lower at 1,513.08 and thereafter dipped to its intraday low of 1,512.81 before moving in an upward trajectory for the rest of the day.
On the broader market, gainers outpaced decliners 533 to 380, while 456 counters were unchanged, 1,100 untraded, and 160 suspended.
Turnover slid to 2.52 billion units valued at RM2.41 bil from 3.11 billion units worth RM2.46 bil on Wednesday. – March 27, 2025
