Bursa Malaysia’s key index rallied to close higher for a third straight session on Monday (July 24) on continuous foreign buying support mainly for banking stocks.
At 5pm, the benchmark FBM KLCI had risen 0.79% or 11.17 points to settle at its intraday high of 1,424.69, from 1,413.52 at last Friday’s close.
The market bellwether opened 0.84 of a point lower at 1,412.68 on Monday morning, and hit a low of 1,412.38 in the early session, before gaining momentum to move in an upward trajectory towards closing.
However, the broader market was negative, as decliners outpaced advancers 568 to 368, while 399 counters were unchanged, 958 untraded, and 16 others suspended.
Turnover stood at 3.29 billion units worth RM1.78 billion.
