Bursa Malaysia surges, key index closes at intraday high on Friday

THE Malaysian stock market surged today, closing at an intraday high amid a buoyant regional performance, dealers said.

At 5pm, the benchmark FBM KLCI jumped 17.90 points, or 1.26%, to end at the intra-day high of 1,438.28, compared to Wednesday’s (Nov 2) close of 1,451.61.

The market bellwether opened 5.14 points higher at 1,425.52 and reached the lowest level at 1,422.08.

On the broader market, gainers led decliners 588 to 269, while 391 counters were unchanged, 1,078 untraded, and 19 others suspended.

Turnover was slightly lower at 2.39 billion units valued at RM1.72 bil versus 2.63 billion units worth RM1.89 bil on Thursday (Nov 3). — Nov 4, 2022

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