BURSA Malaysia maintained its uptrend momentum throughout the trading session today to close off its day’s high, buoyed by persistent buying in selected heavyweights led by financial services counters, amid the mostly upbeat performance in regional bourses.
CIMB and Public Bank added 16 sen and 7.0 sen to RM8.38 and RM4.45, respectively, with a combined contribution of 5.21 points to the benchmark index gains.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.67 points or 0.48% to close at 1,597.45 from Friday’s close of 1,589.78.
The benchmark index, which opened 4.09 points higher at 1,593.87, moved between 1,588.46 and 1,609.29 during the trading session.
However, the broader market was negative, with decliners beating gainers 540 to 501, while 479 counters remained unchanged, 944 untraded, and 28 suspended.
Turnover rose to 3.01 billion units valued at RM5.40 bil versus 2.59 billion units valued at RM2.28 bil on Friday. – Nov 25, 2024
