BURSA Malaysia closed off its intraday excessive however remained firmly above the 1,400-level at the moment as cut price searching actions emerged following the current sell-off regardless of the weaker efficiency in regional bourses, a vendor mentioned.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.26% or 3.66 factors to 1,406.69 from 1,403.03 at Tuesday’s (July 19) shut.
The barometer index opened 1.54 factors firmer at 1,404.57 and hit a low of 1,402.71 within the morning commerce and a excessive of 1,409.34 in the course of the mid-morning session.
The broader market was optimistic as gainers beat decliners 469 to 444, whereas 413 counters have been unchanged, 960 untraded and 14 others suspended. – July 20, 2023
Essential photograph credit score: The Malaysian Reserve