KUALA LUMPUR, Nov 3 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by selective buying in banking heavyweights, although the broader market remained subdued amid continued selling in technology stocks. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said overall market sentiment remained cautious, with investors reluctant to take fresh positions amid persistent external uncertainties. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 2.34 points or 0.14 per cent to 1,621.85 from yesterday’s close of 1,619.51. The benchmark index opened 1.25 points higher at 1,620.76 and fluctuated between an intraday low of 1,616.19 and a high of 1,625.88 throughout the day. In the broader market, losers led gainers 652 to 403, while 502 counters were unchanged, 1,166 untraded, and 11 suspended. Turnover trimmed to 2.63 billion units valued at RM2.64 billion from 2.65 billion units worth RM2.10 billion yesterday.
KUALA LUMPUR, Oct 20 (Bernama) -- Bursa Malaysia’s benchmark index edged higher at the close as bargain hunting emerged following Monday’s sharp sell-off, although it narrowly failed to reclaim the 1,600 level, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 3.83 points, or 0.24 per cent, to 1,599.58 from Monday’s close of 1,595.75. The index opened 3.18 points lower at 1,592.57, marking its intraday low, and reached an intraday high of 1,602.83 in early trading. On the broader market, decliners outnumbered gainers 751 to 331, while 499 counters were unchanged, 1,259 untraded and 10 suspended. Turnover rose to 2.86 billion units worth RM2.42 billion against Monday’s 2.49 billion units worth RM2.38 billion.