The Star Malaysia - StarBiz

Market ends broadly higher

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BURSA Malaysia ended the week broadly higher on buying momentum in heavyweigh­ts and also in line with regional markets.

At 5 pm, the FBM KLCI ended 4.91 points or 0.28% better to reach an intraday high of 1,764.0 from Thursday’s close of 1,759.09.

The market reacted positively to August’s trade figures released by the Ministry of Internatio­nal Trade and Industry.

Malaysia’s exports in August 2017 rose a significan­t 21.5% to RM82.23bil while, total trade expanded 22% to RM154.59bil.

Meanwhile, the trade surplus also increased to RM60.84bil for the first eight months of 2017. – Bernama

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