Bursa Malaysia stays up ahead of Budget 2024 on Wednesday

BURSA Malaysia just managed to close out the session in positive territory on Wednesday on the back of banking and gaming stocks amid advances by regional peers and ahead of Budget 2024 on Friday (Oct 13).

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 1.32 points to 1,436.49 from Tuesday’s (Oct 10) closing of 1,435.17. The index, which opened 0.42 points weaker at 1,434.75, moved between 1,432.27 and 1,438.45 during the day.

On the broader market, gainers outpaced decliners 464 to 399, while 465 counters were unchanged, 1,014 untraded and 10 others suspended. Turnover decreased to 3.01 billion units worth RM2.18 bil from 3.39 billion units worth RM2.02 bil on Tuesday. – Oct 11, 2023

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