Bursa Closes Marginally Higher As Sentiment Improves

Bursa Malaysia pared earlier gains but still ended marginally higher on Wednesday (June 28), in tandem with the improving sentiment in regional peers after a rally on Wall St overnight on a solid set of US economic data.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 1.63 points, or 0.12% to 1,388.37 from 1,386.74 at Tuesday’s (June 27) close.

The key index opened 0.93 of a point firmer at 1,387.67 in the morning — the lowest for the day — before rising as high as 1,394.56 during mid-session.

The broader market was also positive as gainers outpaced decliners 395 to 388, while 416 counters were unchanged, 1,123 untraded and 84 others suspended.

Turnover expanded to 2.82 billion units worth RM1.49 billion versus 2.59 billion units worth RM1.51 billion on Tuesday.

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