BURSA Malaysia bounced back today after two consecutive days of losses on bargain hunting as investors are upbeat over the ongoing corporate earnings season and positive performance on Wall Street overnight, said an analyst.
At the close, the FTSE Bursa Malaysia KLCI (KLCI) rose 6.34 points or 0.39 per cent to 1,641.66 from yesterday’s (Aug 21) close of 1,635.32.
The benchmark index opened 5.01 points higher at 1,640.33 and moved between 1,634.69 to 1,642.14 throughout the trading session.
On the broader market, losers outpaced gainers 616 to 446, with 497 counters unchanged, 938 untraded, and eight others suspended.
Turnover increased to 3.72 billion units valued at RM3.08 bil from 3.27 billion units worth RM2.90 bil on Wednesday. – Aug 22, 2024
