Bursa Malaysia snaps 4-day losing streak to end higher

BURSA Malaysia snapped a four-day losing streak to close higher today, supported by continuous buying momentum in heavyweights, amid mixed sentiments in the regional markets.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 5.39 points, or 0.39 per cent, to 1,383.06 from 1,377.67 at Friday’s close.

The key index opened 0.11 of a point lower at 1,377.56 this morning and moved to its highest level of 1,386.94 in the early morning session.

The broader market turned positive as gainers surpassed losers 405 to 377, while 454 counters were unchanged, 1,023 untraded and 26 others suspended.

Turnover increased to 2.24 billion units worth RM1.51 bil versus 1.97 billion units worth RM1.41 bil on Friday. – July 10, 2023

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