Bursa Malaysia closed higher on Monday, in tandem with most regional markets spurred by the upbeat momentum on Wall Street last Friday, said an analyst.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.73 points, or 0.3%, to 1,559.98 from last Friday’s close of 1,555.25. This marked the highest point for the index this year since Feb 27 when it stood at 1,558.8.
The benchmark index opened 1.53 points higher at 1,556.78 and moved between 1,554.15 and 1,560.26 throughout the trading session.
On the broader market, gainers led decliners 531 to 511, with 502 counters unchanged, 787 untraded and nine others suspended.
Turnover declined to 3.97 billion units worth RM2.33 billion compared with 4.04 billion units valued at RM2.68 billion last Friday.
