KUALA LUMPUR, July 6 (Bernama) -- Bursa Malaysia ended higher on Monday, supported by renewed buying interest in banking and plantation counters. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.48 points, or 0.27 per cent, to 1,683.53 from Friday’s close of 1,679.05. The benchmark index opened 3.35 points higher at 1,682.40 and moved between 1,678.37 and 1,685.49 throughout the session. The market breadth was negative, with losers outpacing gainers 620 to 403, while 545 counters were unchanged, 1,082 untraded, and 10 suspended. Turnover decreased to 2.68 billion units valued at RM1.69 billion from 2.79 billion units valued at RM1.93 billion last Friday.
KUALA LUMPUR, July 3 (Bernama) -- Bursa Malaysia ended Friday’s trade with a bounce on the back of a rally in banking stocks as investor sentiment improved following softer-than-expected US labour market data. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said the recovery in heavyweight financial counters provided the main support for the benchmark index, reflecting increased risk appetite after concerns over further US monetary tightening eased. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 17.22 points to 1,679.05 from Thursday's close of 1,661.83. The benchmark index opened 3.90 points higher at 1,665.73 and moved between 1,662.91 and 1,682.62 throughout the session. The market breadth was positive, with gainers trouncing decliners 633 to 372, while 533 counters were unchanged, 1,112 untraded, and 12 suspended.