Strong buying lifts Bursa Malaysia at close, CI up 1.04%

bursa

BURSA Malaysia closed higher today, driven by broad-based buying across various sectors following the recent strong sell-off, in line with the performance of regional markets, an analyst said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 15.66 points, or 1.04%, to 1,527.81 from Friday’s close of 1,512.15.

The benchmark index opened 5.43 points firmer at 1,517.58—its intraday low—and peaked at 1,531.63 during the mid-morning session and maintained its momentum throughout the afternoon session.

On the broader market, gainers thumped decliners 708 to 297, while 425 counters were unchanged, 994 untraded, and seven suspended. – March 17, 2025

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