BURSA Malaysia managed to pare earlier losses to close mixed on Thursday, with the key index lifted by late buying in selected heavyweight stocks, led by financial services counters, an analyst said.
Maybank and Public Bank led the gains, rising eight sen and four sen, respectively, to RM10.54 and RM4.57, contributing 2.94 points to the local benchmark index.
The FTSE Bursa Malaysia KLCI (FBM KLCI) ticked up 2.24 points, or 0.14%, settling at 1,641.55 from Wednesday’s close.
The market bellwether opened 1.39 points higher at 1,640.70 and hovered between 1,630.45 and 1,643.82 throughout the trading session.
On the broader market, however, decliners outpaced gainers 504 to 473, with 545 counters unchanged, 890 untraded and nine suspended.
Turnover slipped to 3.29 billion units valued at RM2.52 bil from Wednesday’s 3.86 billion units worth RM2.73 bil. – Oct 3, 2024
