BURSA Malaysia closed marginally higher on Friday, with the key benchmark index recovering into positive territory as last-minute bargain-hunting activities emerged amid mixed market sentiment.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 0.5 of-a-point to end the day at an intraday high of 1,428.54 compared with 1,428.04 at Thursday’s (May 18) close.
The barometer index, which opened 2.59 points weaker at 1,425.45 this morning, fell as low as 1,423.65 during the day.
However, the broader market saw decliners outnumbering gainers 457 to 360, while 432 counters were unchanged, 998 untraded and 14 others suspended.
Turnover increased to 2.85 billion units worth RM1.81 bil from 2.65 billion units worth RM1.82 bil on Thursday. — May 19, 2023