KUALA LUMPUR, July 23 (Bernama) -- Bursa Malaysia snapped a three-day pullback to close 0.18 per cent higher on Thursday, as surge in global oil prices supported Malaysia’s energy-related companies, while utilities attracted investors seeking defensive earnings amid persistent global uncertainties. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.22 points to 1,714.59 from Wednesday's close of 1,711.37. The benchmark index opened 3.01 points higher at 1,714.38, and moved between 1,709.05 and 1,716.43 throughout the day. On the broader market, decliners outnumbered advancers 599 to 415, while 600 counters were unchanged, 1,138 untraded, and 23 suspended. Turnover narrowed to 3.19 billion units valued at RM2.27 billion from 3.43 billion units valued at RM2.50 billion on Wednesday.
KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed lower on Wednesday as investors continued to take profit following the recent rally, while elevated crude oil prices and lingering geopolitical tensions in West Asia kept market sentiment cautious, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell nine points, or 0.52 per cent, to 1,711.37 from Tuesday’s close of 1,720.37. The index opened 0.53 of a point easier at 1,719.84, and moved between 1,709.15 and 1,721.31 throughout the day. On the broader market, decliners outnumbered advancers 590 to 450, while 596 counters were unchanged, 1,111 untraded, and 23 suspended. Turnover narrowed to 3.43 billion units valued at RM2.50 billion from 3.48 billion units valued at RM2.79 billion on Tuesday.