Bursa Extends Gains To End Higher For Fifth Consecutive Day

Bursa Malaysia continued its recent bullish streak, ending higher on Tuesday (Jan 9) for the fifth straight session with buying activities mainly on banking, telecommunication and consumer stocks while profit-taking was seen on utility stocks.

The barometer index had increased by 45.73 points over the five days.

At 5pm, the FBM KLCI climbed 0.21%, or 3.13 points to 1,498.83 from Monday’s close of 1,495.7.

The benchmark index opened 1.47 points firmer at 1,497.17 and moved between 1,496.84 and 1,503.93 throughout the trading session.

However, in the broader market, decliners outnumbered gainers 605 to 410 while 475 counters were unchanged, 729 untraded and 19 others suspended.

Turnover declined to 6.44 billion units worth RM3.77 billion from 6.96 billion units worth RM4.21 billion on Monday, Bernama reported.

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