Bursa Malaysia stages rebound to end the week on positive note

BURSA Malaysia rebounded from yesterday’s (Oct 13) loss to end the week on a positive note today, with the benchmark index rising by 0.66% on renewed buying interest after Wall Street rallied overnight, an analyst said.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 9.11 points to 1,382.47 from Thursday’s close of 1,373.36.

The barometer index opened 8.27 points higher at 1,381.63, continuing its uptrend throughout the day, trading between an intraday low of 1,381.34 and an intraday high of 1,391.38.

On the broader market, gainers led decliners 481 to 335, while 407 counters were unchanged, 1,123 untraded, and 19 others suspended. — Oct 14, 2022

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