BURSA Malaysia ended Tuesday’s trading higher, in line with global shares as hopes rise for an outsized US interest rate cut with investors chasing glove counters on news that the United States will finalise tariffs on Chinese goods, including medical gloves, this month.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 12.13 points, or 0.73 per cent, to 1,664.28 from last Friday’s close of 1,652.15.
The FBM KLCI had opened 2.16 points firmer at 1,654.31 and moved between 1,651.55 and 1,664.99 throughout the day.
Gainers outpaced decliners in the broader market 658 to 433, while 455 counters were unchanged, 959 untraded and seven suspended. – Sept 17, 2024
