BURSA Malaysia snapped two days of losses to end higher with the composite index gaining 1.32 per cent to end at its intraday high, driven by bargain-hunting following the recent heavy sell-off.
At 5 pm, the FBM KLCI jumped 20.68 points to 1,588.71 from Tuesday’s close of 1,568.03.
The market bellwether opened 1.76 points easier at 1,566.27 and subsequently hit an intraday low of 1,565.46 before moving in a upward trajectory towards closing.
On the broader market, gainers led decliners 534 to 471, while 473 counters were unchanged, 898 untraded, and 36 suspended.
Turnover declined to 2.81 bil units worth RM2.47 bil from 3.14 bil units worth RM2.64 bil on Tuesday. —Feb 26, 2025
Main image: New Straits Times