Bargain-Hunting Lifts Bursa Malaysia Marginally Higher Following Monday’s Sell-Off

Bursa Malaysia ended marginally higher due to bargain-hunting activities following Monday’s sell-off.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.1 points higher to 1,445.55 from Monday’s close of 1,443.45.

The index opened 0.66 of a point easier at 1,442.79 and moved between 1,441.89 and 1,447.05 throughout the day.

On the broader market, decliners beat gainers 564 to 367, while 451 counters were unchanged, 1,006 untraded and 12 others suspended.

Turnover was slightly lower at 3.15 billion units worth RM1.95 billion from 3.33 billion units worth RM2.04 billion on Monday.

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