PERSISTENT buying in selected telecommunications and media, as well as utilities counters lifted Bursa Malaysia to end at an intraday high today, in line with positive momentum across the regional market, an analyst said.
At 5 pm, the FBM KLCI gained 0.85 per cent, or 13.10 points, to 1,549.90 from yesterday’s close of 1,536.80.
CelcomDigi and YTL Corp were the top two contributors to the benchmark index’s increase, rising 12 sen to RM3.91 and 11 sen to RM2.05, respectively, with a combined contribution of 4.50 points.
The market bellwether opened 0.24 of-a-point lower at 1,536.56, its lowest point today, before climbing back up for the rest of the day towards closing.
In the broader market, gainers trounced losers 595 to 378, while 477 counters were unchanged, 885 untraded, and nine suspended.
Turnover improved to 2.84 bil units worth RM2.43 bil against Tuesday’s 2.79 bil units valued at RM1.88 bil. —May 6, 2025
