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Earnings optimism, bargain hunting lift FBM KLCI to end in positive territory

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November 15, 2023
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BURSA Malaysia’s barometer index ended on a optimistic observe on Tuesday as home sentiment was lifted by earnings optimism, whereas cut price hunters nibbled on heavyweight shares after a current sell-off.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) bagged 6.54 factors to 1,451.72 in comparison with final Friday’s closing of 1,445.18.

The index opened 0.28 of-a-point simpler at 1,444.90, its intraday low, and hit an intraday excessive of 1,453.99 all through the day.

On the broader market, gainers edged previous losers 489 to 481, whereas 402 counters had been unchanged, 1,007 untraded and 9 others suspended.

Turnover narrowed to three.08 billion items valued at RM1.77 bil from Friday’s 3.19 billion items valued at RM1.61 bil. – Nov 14, 2023



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