FBMKLCI Rises Higher For 3rd Straight Day

Bursa Malaysia closed higher for the third straight trading day on Monday, supported by continuous buying in most heavyweights, amid the mixed tone on the regional markets, a dealer said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.85 points to 1,544.71 from last Friday’s (MARCH 8) close of 1,539.86.

The benchmark index, which opened 2.15 points higher at 1,542.01, moved within a narrow range between 1,540.77 and 1,547.48 throughout the day.

On the broader market, gainers beat decliners 518 to 460, while 468 counters were unchanged, 813 untraded, and 12 others suspended.

Turnover rose to 3.64 billion units worth RM2.71 billion from 3.03 billion units worth RM2.73 billion last Friday.

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