LATE buying in selected heavyweights, led by telecommunications and media counters pushed Bursa Malaysia to end at its intraday high for the second day running today, despite the downbeat sentiment on the regional markets, dealers said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 9.08 points to 1,552.83 from Thursday’s (March 14) close of 1,543.75.
The benchmark index, which opened 6.80 points weaker at 1,536.95, slipped to its lowest point at 1,535.47 in the early session.
On the broader market, gainers beat decliners 521 to 474, while 518 counters were unchanged, 810 untraded and 38 others suspended.
Turnover rose to 4.53 billion units worth RM4.82 bil from 4.34 billion units worth RM2.76 bil yesterday. – March 15, 2024