BURSA ENDS ON MIXED NOTE

BURSA Malaysia ended mixed as heavyweight counters rose on bargain-hunting activities but losses in small-cap stocks persisted.

The benchmark FTSE Bursa Malaysia KLCI closed 8.77 points better at 1,672.63 from Friday’s close of 1,663.86.

On the broader market, losers outnumbered gainers 512 to 316, with 376 counters unchanged, 664 untraded and 19 suspended.

Volume was almost unchanged at 2.01 billion units, valued at RM2.04 billion, from 2.01 billion units worth RM2 billion last Friday.

Maybank rose 11 sen to RM9.08, Public Bank gained two sen to RM22.54, Tenaga was four sen higher at RM14.30 and Petronas Chemicals increased seven sen to RM8.51.