BURSA Malaysia snapped six days of losses to trend broadly higher with the composite index finishing at its intraday high, rising 1.92%, driven by improving market sentiment across the region, a dealer said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 28.23 points to end at 1,495.49 compared with Wednesday’s close of 1,467.26.
The benchmark index opened 3.11 points better this morning at its intraday low but gradually gathered momentum to rally towards closing.
On the broader market, gainers beat losers 664 to 294, while 366 counters were unchanged, 1,008 untraded, and seven others suspended.
Total turnover fell to 2.64 billion units worth RM2.10 bil from 2.88 billion units worth RM1.72 bil yesterday. – Aug 25, 2022