FBM KLCI climbs 0.17% at the close

BURSA Malaysia’s key index ended slightly higher as bargain-hunting activities emerged after seven straight days of losses, lifted mainly by telco, gaming, and banking stocks.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 2.55 points, or 0.17%, to 1,530.44, from Monday’s close of 1,527.89.

The index, which opened 3.18 points weaker at 1,524.71, moved between 1,521.44 and 1,533.11 throughout the day.

However, market breadth was negative with decliners outnumbering gainers 538 to 436, while 468 counters were unchanged, 830 untraded, and five others suspended.

Turnover rose to 4.72 billion units worth RM2.86 bil from Monday’s 4.69 billion units worth RM2.9 bil. – Sept 21, 2021.

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