LATE buying in selected utilities and financial services counters pushed Bursa Malaysia back into positive territory at the close today amid weaker sentiments on the regional stock markets.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.23 points to 1,463.51 from 1,460.28 at Tuesday’s (Aug 15) close.
The barometer index opened 1.25 points easier at 1,459.03 and moved between 1,458.37 and 1,464.27 throughout the day.
On the broader market, gainers overwhelmed decliners 496 to 468 while 446 counters were unchanged, 931 untraded and 14 others suspended.
Turnover narrowed to 3.62 billion units worth RM2.21 bil from 3.87 billion units worth RM2.12 bil on Tuesday. – Aug 16, 2023
Main photo credit: The Edge Markets