Bursa Ends Higher At Midday, KLCI Briefly Touching 1,500-Point Level

Bursa Malaysia ended the morning session higher on Tuesday, after briefly touching the 1,500-point level amid continuous buying support for heavyweights, led by banking-related stocks, ahead of Bank Negara Malaysia’s overnight policy rate decision.

At 12.30pm, the FBM KLCI had risen 6.16 points to 1,497.35, from Monday’s (Jan 22) close at 1,491.19.

The barometer index, which opened 1.37 points better at 1,492.56, moved between 1,490.2 and 1,500.39 throughout the morning session. 

Market breadth remained positive, with gainers trouncing losers 488 to 404, while 419 counters were unchanged, 961 untraded, and 13 others suspended.

Turnover amounted to 2.92 billion units worth RM1.66 billion, Bernama reported.

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