Bursa Recoups Earlier Losses, Ends Higher

Bursa Malaysia recouped earlier losses to close higher on Wednesday (June 14), amid a mixed regional market performance, ahead of the US interest rate decision later in the day.

At 5pm, the FBM KLCI had risen 4.81 points, or 0.35%, to 1,385.42, compared with 1,380.61 at Tuesday’s close.

The key index opened 1.09 points firmer at 1,381.70 on Wednesday morning, and moved between 1,381.49 and 1,386.79 throughout the day.

Market breadth was positive, as gainers beat decliners 444 to 343, while 515 counters were unchanged, 953 untraded, and 13 others suspended.

Turnover decreased to 2.86 billion units worth RM1.75 billion, versus 3.08 billion units worth RM1.97 billion on Tuesday.

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