THE FTSE Bursa Malaysia KLCI (FBM KLCI) reversed earlier losses to end in positive territory on bargain hunting during the late trading session amid the mixed performance in regional peers.
At 5pm, the benchmark FBM KLCI went up 4.22 points to end at an intraday high of 1,488.19 compared with Tuesday’s (Feb 14) close of 1,483.97.
The key index opened 1.17 points weaker at 1,482.80 and hit a low of 1,478.31 before the midday break.
However, the market breadth remained negative as decliners led advancers 450 to 433, while 407 counters were unchanged, 923 untraded and nine others suspended.
Turnover increased to 3.49 billion units worth RM2.02 bil against Tuesday’s 3.20 billion units worth RM2.16 bil. — Feb 15, 2023