KUALA Lumpur shares closed on a strong note Tuesday in sync with the buoyant regional markets as sentiment was boosted by bullish Chinese data and continued hope for COVID-19 vaccine.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) surged 2.5% or 39.55 points to 1,602.26, led mainly by financial services, industrial products and services, as well as plantation sectors.
The index opened 17.46 points stronger at 1,580.17 compared with Monday’s close of 1,562.71. It moved between 1,580.17 and 1,604.57 throughout the day.
On the broader market, gainers outpaced losers 760 to 479 while 432 counters were unchanged, 437 untraded and 16 others suspended.
Volume increased to 9.19 billion units worth RM5.35 bil from 9.02 bil units worth RM7.71 bil on Monday. – Dec 1, 2020