Late buying lifts Bursa Malaysia to close marginally higher

BURSA Malaysia reversed earlier losses to close in positive territory today, with the benchmark index edging higher on late buying across the board, supported by above-average trading volume which reflected renewed market sentiment, an analyst said.

At 5 pm, the FBM KLCI rose 1.12 points, or 0.07 per cent, to close at 1,583.51 compared to Tuesday’s close of 1,582.39.

The benchmark index opened 0.84 of-a-point higher at 1,583.23 and hit a low of 1,573.44 in the early session before steadily crawling back to a high of 1,583.67 in the late session.

In the broader market, gainers trounced losers 762 to 360, while 449 counters were unchanged, 824 untraded and seven suspended. —May 14, 2025

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