MIXED ON BARGAIN HUNTING
BURSA Malaysia ended mixed yesterday as some bargain-hunting activities emerged 10 minutes before closing to push the key market bellwether into positive territory .
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) closed at its intraday high, adding 2.78 points to 1,778.65 from last Friday’s 1,775.87.
On the broader market, losers outpaced gainers 508 to 421, with 372 counters unchanged, 460 untraded and 20 others were suspended.
Volume increased to 3.74 billion units valued at RM2.99 billion from 2.70 billion units valued at RM2.17 billion last Friday.
Among heavyweights, Maybank, Public Bank and Sime Darby were all flat at RM9.38, RM19.98 and RM9.33, respectively.
As for actives, Iskandar Waterfront surged 49 sen to RM2.13 while Dagang Nexchange fell 5.5 sen to 57 sen. Bernama