Bursa scales higher on persistent buying, upbeat Chinese data

BURSA Malaysia closed higher today on persistent buying support led by technology stocks and in line with the better performance by regional peers following upbeat China economic data. 

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.44% or 6.67 points higher at 1,519.56 from Monday’s close of 1,512.89.    

The market bellwether opened 0.94 of-a-point firmer at 1,513.83 and moved between 1,513.54 and 1,520.03 throughout the trading session. 

On the broader market, gainers outpaced losers 506 to 415, while 476 counters were unchanged, 831 untraded, and nine others suspended.

Turnover increased to 4.54 billion units worth RM2.53 bil from Monday’s 4.28 billion units worth RM2.35 bil. – July 13, 2021

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