BURSA Malaysia ended the week on a agency word, hitting an intraday excessive convincingly above the 1,400-level Friday, as upbeat investor sentiment lifted shopping for momentum regardless of the combined efficiency in regional bourses, a supplier mentioned.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.49% or 6.83 factors to 1,413.52 from 1,406.69 at yesterday’s shut.
The barometer index opened 0.79 of-a-point higher at 1,407.48 and hit a low of 1,405.64 within the morning session, earlier than transferring in an upward trajectory in the course of the late buying and selling hours.
Nonetheless, the broader market was adverse as decliners beat gainers 487 to 430, whereas 426 counters had been unchanged, 951 untraded and 15 others suspended. – July 21, 2023