Bursa Malaysia Closes Midday In Positive Territory, Key Index Breaches 1,580

Bursa Malaysia concluded the morning session on a positive trajectory, aligning with the upbeat sentiment observed in most regional markets. The market was bolstered by the strong performance on Wall Street during the previous Friday.

As of 12:30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) surged by 6.54 points to reach 1,581.70, surpassing last Friday’s closing figure of 1,575.16.

The benchmark index commenced trading with a 1.14-point increase, opening at 1,576.30. Throughout the morning session, it fluctuated within the range of 1,575.0 and 1,582.05.

In terms of market breadth, gainers outnumbered decliners with 351 to 299, while 780 counters remained unchanged.

The total turnover amounted to 2.78 billion units valued at RM1.70 billion.

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