Bursa Malaysia Closes Higher On Thursday Amidst Bargain-hunting In Gaming Stocks And Banking

BURSA Malaysia ended higher today, with the key index rising 0.27%, due to bargain-hunting in banking and gaming stocks, an analyst said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.80 points to 1,418.05 from Wednesday’s (April 26) close of 1,414.25.

The barometer index opened 2.19 points better at 1,416.44, and moved between 1,413.46 and 1,418.17 throughout the day.

However, the market breadth was negative with decliners leading gainers 417 to 388, while 414 counters were unchanged, 1,075 untraded and 65 others suspended.

Turnover fell to 2.49 billion units valued at RM1.46 bil from 2.55 billion units valued at RM1.54 bil on Wednesday. — April 27, 2023

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