KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia rebounded after two days of losses to close higher on Tuesday, driven by bargain-hunting activities and in line with the upbeat regional market performance. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 14.43 points or 0.85 per cent to 1,710.99 from yesterday’s close of 1,696.56. The market bellwether opened 6.60 points higher at 1,703.16, and fluctuated between 1,701.19 and 1,713.25 throughout the day. Market breadth was positive with gainers outpacing losers 682 to 432. A total of 454 counters were unchanged, 1,153 untraded, and 21 suspended. Turnover improved to 2.82 billion units worth RM2.76 billion from yesterday’s 2.38 billion units worth RM2.56 billion.
Market Daily Report: Bursa Malaysia Ends Marginally Lower as West Asia Conflicts Weigh On Market Sentiment
KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia ended marginally lower on Monday as ongoing geopolitical tensions in West Asia continued to weigh on market sentiment. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.29 points or 0.14 per cent to 1,696.56 from last Friday’s close of 1,698.85. The market bellwether opened 2.44 points lower at 1,696.41, and fluctuated between 1,688.46 and 1,701.18 throughout the day. Market breadth was negative with losers surpassing gainers 619 to 402. A total of 499 counters were unchanged, 1,162 untraded, and 21 suspended. Turnover declined to 2.38 billion units worth RM2.56 billion from last Friday’s 2.87 billion units worth RM3.45 billion.