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

BURSA Malaysia eked out small gains at the close after another yo-yo trading session, lifted by late buying in selected heavyweights led by Axiata.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 7.76 points to its intraday high of 1,501.79 compared with 1,494.03 at Wednesday’s close.

The market bellwether opened 0.97 of-a-point lower at 1,493.06 and subsequently hit a low of 1,491.82.

Despite the gains in the index, less than 20 per cent of stocks on the bourse were in the positive territory.

There were 458 gainers, 401 losers while 448 counters were unchanged. Some 996 stocks were untraded and 51 others were suspended. – Dec 9, 2021

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