Bursa End Higher For Second Straight Day

Bursa Malaysia closed higher for the second consecutive day as bargain-hunting activities emerged following the recent sell-off, a dealer said. 

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) closed 3.19 points or 0.22% firmer to 1,457.41 from Wednesday’s close of 1,454.22.

The KLCI opened 0.36 of a point easier at 1,453.86 and moved between 1,453.06 and 1,459.1 throughout the day.

In the broader market, gainers surpassed losers 486 to 404, while 466 counters were unchanged, 945 untraded and 86 others suspended.

Turnover went up to 4.24 billion units worth RM2.39 billion from 3.29 billion units worth RM2.06 billion on Wednesday, Bernama reported.

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