BURSA Malaysia recouped earlier losses with the key index closing at its intraday high on Friday, in tandem with the positive regional market performance and late buying in telecommunications, construction, property, and data centre-related stocks.
At 5 pm, the FBM KLCI gained 2.27 points, or 0.15 per cent, to 1,542.49 from Wednesday’s close of 1,540.22. The exchange was closed on Thursday for the Labour Day holiday.
The market bellwether opened 2.80 points lower at 1,537.42 and subsequently slid to a low of 1,532.23 in early trade before crawling back up to its intraday high at closing.
Market breadth was positive with 744 gainers thumping 311 decliners, while 449 counters were unchanged, 840 untraded, and 20 suspended.
Turnover improved to 2.73 bil units valued at RM2.46 bil against Wednesday’s 2.56 bil units valued at RM2.25 bil. —May 2, 2025
