Bargain hunting in main index-linked stocks boosted the key index at midday on Thursday (April 27), led by the financial services as well as the telecommunications and media counters.
At the lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 2.29 points to 1,416.54 from Wednesday’s close of 1,414.25. The barometer index opened 2.19 points better at 1,416.44 and moved between 1,413.46 and 1,417.48 throughout the morning trading session.
However, the market breadth was negative with decliners surpassing gainers 378 to 274, while 388 counters were unchanged, 1,254 untraded and 65 others suspended. Turnover stood at 1.44 billion units valued at RM686.57 million.
