FBM KLCI ends at day high in volatile trading
BURSA Malaysia bounced back to end higher yesterday with the blue-chip index closing at its intra-day high, after late buying support emerged in a day of volatile trading, Bernama reports.
The FBM KLCI ended 12.02 points, or 0.68%, better at 1,773.16 after moving between 1,757.89 and 1,773.16 during the day.
Market breadth was positive as advancers led decliners by 480 to 375, with 350 counters unchanged, 634 untraded and 46 suspended.
Affin Hwang Investment Bank vice-president/head of retail research Datuk Dr Nazri Khan Adam Khan said the market was calm as geopolitical concerns eased.
Index-linked gainers were led by CIMB, up 38 sen to RM7.08. Among the others, MISC added 19 sen to RM7.44 and Axiata advanced eight sen to RM4.93. Maybank was flat at RM9.46. Tenaga Nasional fell two sen to RM14.28.
The market will be closed today and tomorrow for the Merdeka Day and Hari Raya Aidiladha public holidays.