Bursa rebounds to close 5.74 points higher

BURSA Malaysia has rebounded from its sharp fall yesterday to end higher today, boosted by bargain hunting in healthcare and technology stocks. 

At the close, benchmark index the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 5.74 points to close at 1,500.35 after opening at 1,492.11. 

The market had moved within a tight range throughout the day, traversing between 1,489.98 and 1,504.55. 

On the scoreboard, advancers trounced laggards 620 to 375, while 444 counters were unchanged, 732 untraded and 42others suspended.

Total volume declined to 4.71 billion shares worth RM4.10 bil from yesterday’s 5.80 billion shares worth RM4.71 bil. 

The healthcare index increased by 2.84% to 4,118.91 while the technology index was 1.28% higher at 61.60 points. – Oct 27, 2020 

 

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