BURSA Malaysia shook off early losses to end the trading day higher for the fifth straight day, with the benchmark index putting on 1.60 per cent driven by buying interests in selected heavyweights led by Petronas Chemicals and Public Bank.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) has gained a total of 55.25 points over the last five trading days.
At 5pm, the market bellwether surged 22.62 points to settle at its intraday high of 1,437.72 from Wednesday’s (Oct 19) close of 1,415.10.
The FBM KLCI opened 0.38 of-a-point easier at 1,414.72, but thereafter hit an intraday low of 1,411.74, before picking up steam throughout the day to close higher.
On the broader market, gainers outpaced losers 493 to 365, while 373 counters were unchanged, 1,131 untraded, and 18 others suspended.
Turnover increased to 2.71 billion units worth RM2.60 bil from Wednesday’s 2.23 billion units worth RM1.72 bil. — Oct 20, 2022
