Bursa Bounces As China’s Better-Than-Expected Economic Data Lifts Sentiment

Bursa Malaysia closed at its intra-day high today as China’s better-than-expected latest economic data lifted regional sentiment.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) bagged 9.45 points to 1,459.03 from Thursday’s (Sept 14)  close of 1,449.58. The index opened 0.49 points lower at 1,449.09 and hit an intra-day low of 1,448.75.

On the broader market, gainers outnumbered decliners 550 to 387 while 428 counters were unchanged, 1,008 untraded and 23 suspended.

Turnover jumped to 4.02 billion units worth RM4.31 bil against Thursday’s 2.96 billion units worth RM2.20 bil.

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