Late buying in utilities, financial services counters sees Bursa Malaysia end higher on Wednesday

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

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