Bursa Closes Marginally Higher On Bargain Hunting

Bursa Malaysia finished the day marginally higher on Thursday as bargain hunting emerged following Wednesday’s selldown.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) closed 0.3%, or 4.44 points higher, to 1,439.77 from Wednesday’s closing of 1,435.33.

The benchmark index opened 0.61 of a point firmer at 1,435.94, and moved between 1,435.86 and 1,441.35 throughout the trading session.

The broader market was positive with gainers beating decliners 575 to 300, while 425 counters were unchanged, 1,050 untraded and 14 suspended.

Turnover increased to 3.38 billion units worth RM1.93 billion from 2.79 billion units valued at RM1.79 billion the previous day.

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