BOURSES CLOSE ON BULLISH NOTE

New Straits Times - - Business | Portfolio -

BURSA Malaysia and other re­gional bourses, closed on bullish note yesterday, thanks to the US Fed­eral Re­serve's (Fed) sec­ond in­ter­est rate hike and higher oil prices, said deal­ers.

The FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 19.78 points to close at 1,737.14 from Wed­nes­day’s close of 1,717.36. It opened 8.98 points higher at 1,726.34 and moved be­tween 1,726.12 and 1,738.02 through­out the day.

On the broader mar­ket, gainers out­paced losers by 666 to 286, with 446 coun­ters flat, 316 un­traded and 27 oth­ers sus­pended.

Among the heavy­weights, May­bank rose 10 sen to RM8.85, Te­naga added four sen to RM13.72 and Public Bank gained two sen to RM19.88.

Of the ac­tives, Price­worth In­ter­na­tional added one sen to 21 sen, Vivo­com rose half-a-sen to 16 sen and Matang and Iris were 1.5 sen bet­ter each at 14 sen and 15 sen, re­spec­tively. Ber­nama

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