LATE buying in selected index-linked telecommunication companies (telcos) lifted Bursa Malaysia to close at its intraday high, amid mixed performance on the regional markets, dealers said.
The FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 14.77 points to end at 1,518.78 compared with Monday’s close of 1,504.01.
The benchmark index, which opened 0.08 of a point higher at 1,504.09 this morning, hit a low of 1,503.86 during the early trading session.
Market breadth was also positive as gainers thumped losers 469 to 399, while 443 counters were unchanged, 954 untraded, and six others suspended.
Total turnover increased to 2.69 billion units worth RM2.22 bil from 2.54 billion units worth RM1.73 bil on Monday (Aug 15). — Aug 16, 2022
