BURSA Malaysia closed at its intraday high today with the benchmark composite index rising almost 1% on continuous buying support in selected plantation stocks, a dealer said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 15.77 points to 1,599.61, just a whisker below the psychological 1,600 level, compared with 1,583.84 at yesterday’s close.
The market bellwether, which opened 2.12 points higher at 1,585.96, hit an intraday low of 1,585.54 in the morning session and thereafter moved on an uptrend mode.
Sime Darby Plantation surged 45 sen to RM4.69 with 31.08 million shares traded and KL Kepong firmed RM1.16 to RM25.52 with 6.93 million shares changing hands. The two stocks contributed a combined 7.75 points to the gains in the FBM KLCI.
The overall market breadth was positive with gainers leading losers 519 to 447, while 448 counters were unchanged, 798 untraded and 10 others suspended. — Feb 15, 2022
