BURSA Malaysia’s benchmark index rebounded on late buying to finish higher after falling into negative territory at midday amid dampened sentiment in the regional markets stemming from weaker United States (US) consumer confidence data.
The FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.01 points, or 0.18%, to settle at 1,673.38 compared with Tuesday’s close of 1,670.37.
The FBM KLCI, which opened 3.69 points higher at 1,674.06, moved between 1,665.19 and 1,675.73 throughout the day.
However, market breadth was negative at the close, with decliners outnumbering gainers by 790 to 397, while 473 counters were unchanged, 857 untraded and 18 suspended.
Turnover increased to 3.59 billion units worth RM3.29 bil from Tuesday’s 3.51 billion units worth RM3.10 bil. – Sept 25, 2024
