Higher driven by blue chip
BURSA Malaysia was bullish with the barometer index ending 0.38% higher, driven by gains in most blue chip finance stocks and better sentiment boosted by external factors, particularly the US mid-term election results.
At 5 pm, the FBM KLCI was 6.54 points higher at 1,721.42, from Wednesday’s close of 1,714.88. The key index opened 11.08 points higher at 1,725.96 and moved between 1,718.47 and 1,726.10 throughout the day.
Volume was slightly lower at 2.28 billion units worth RM2.29bil from 2.32 billion units worth RM2.5bil.
A dealer said the key index restarted the week after the Deepavali public holiday on a stronger note taking a cue from the positive regional performance. — Bernama