BURSA Malaysia ended in an upbeat mode on Thursday on window dressing in banking, utilities, and plantation counters.
Lower liners under the ACE Market have also put on a steady recovery from earlier losses.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 11.52 points to end at an intra-day high of 1,491.63 from Wednesday’s (Dec 28) closing of 1,480.11.
The market bellwether opened 3.84 points lower at 1,476.27 and hit its lowest of 1,476.27 during the mid-morning session.
Market breadth turned positive with gainers outpacing losers 482 to 398 gainers, while 404 counters were unchanged, 984 untraded, and 63 others suspended. — Dec 29, 2022