Bursa Malaysia rally continues as FBM KLCI hits 45-month peak

BURSA Malaysia extended its rally today, with the key index closing near to a 45-month high, fuelled by a surge in sentiment within the financial sector, underpinned by the robust quarterly earnings reports from key players.

At 5pm, the FTSE Bursa Malaysia KLCI (KLCI) rose 22.95 points or 1.38% to 1,675.24 from  Tuesday’s (Aug 27) close of 1,652.29.

The nearest high was recorded at 1,681.41 on Dec 16, 2020.

The index opened 5.48 points higher at 1,657.77 and moved in the positive territory throughout the day with an intraday high of 1,681.37 and an intraday low of 1,657.77. – Aug 28, 2024

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