Late buying lifts Bursa Malaysia to end at intraday high on Thursday

LATE buying in selected industrial products and services as well as plantation counters pushed Bursa Malaysia to end at its intraday high today, amidst the mixed sentiment on regional bourses, dealers said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.62 points to 1,543.75 from Wednesday’s (March 13) close of 1,538.13.

The benchmark index, which opened 2.53 points weaker at 1,535.60, slipped to its lowest point at 1,533.80 in the early morning session.

On the broader market, gainers beat decliners 513 to 478, while 493 counters were unchanged, 830 untraded and 26 others suspended.

Turnover rose to 4.34 billion units worth RM2.76 bil from 4.18 billion units worth RM2.73 bil yesterday. – March 14, 2024

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