Bargain Hunting For Plantation Heavyweights Leads To KLSE Ending Higher

Bursa Malaysia ended the day higher due to bargain-hunting activities for selected plantation heavyweights during the final hour of trading, said an analyst.

At 5pm on Tuesday (April 25), the FBM KLCI had climbed 3.08 points to 1,425.19, from last Thursday’s close at 1,422.11.

The barometer index opened 0.16 of a point higher at 1,422.27, and moved between 1,420.84 and 1,427.00 throughout the day.

Market breadth, however, was negative, with decliners outnumbering gainers 562 to 329, while 387 counters were unchanged, 1,020 untraded, and 19 others suspended.

Turnover stood at 2.57 billion units worth RM1.55 billion.

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