Bursa Malaysia Regains Earlier Losses To Eke Out Slight Gains

Bursa Malaysia managed to recover from earlier losses to end the week marginally higher on Friday (Mar 22) on late buying, despite the mostly downbeat performance in regional markets, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) inched up by 0.98 of a point to 1,542.39 from Thursday’s close of 1,541.41.

The benchmark index, which opened 0.15 of a point better at 1,541.56, moved in a tight range between 1,537.92 and 1,543.84 throughout the day. 

On the broader market, losers beat gainers 538 to 544, while 475 counters were unchanged, 778 untraded, and 18 others suspended.

Turnover increased to 5.08 billion units worth RM2.69 billion from 4.02 billion units worth RM2.94 billion on Thursday. 

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