Bursa Malaysia Hits Three-Year High As Bulls Continue Charge

Shares on Bursa Malaysia broke through the 1,620-point resistance level on Monday as funds poured in, lifting the key index to its highest level since March 2021.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) bagged 10.88 points, or 0.67 per cent, to 1,627.50 compared to Friday’s close of 1,616.62.

The benchmark index, which opened 1.66 points better at 1,618.28, moved between 1,618.28 and 1,629.81 throughout the trading session.

On the broader market, gainers outnumbered decliners 840 to 460, with 488 counters unchanged, 591 untraded and 10 others suspended.

Turnover eased to 6.98 billion units worth RM4.36 bil compared to Friday’s 7.23 billion units worth RM4.54 bil.

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