KUALA LUMPUR, Feb 11 (Bernama) -- Bursa Malaysia ended higher today as buying on selected blue chips continued, said a brokerage. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.85 points or 0.51 per cent to 1,756.39 from Tuesday’s close of 1,747.54. The barometer index opened 3.69 points higher at 1,751.23 before moving as low as 1,745.51 in early trade to as high as 1,757.15 during the mid-afternoon session. Market breadth was positive with gainers leading losers 575 to 474, while 549 counters were unchanged, 1,087 untraded and 11 suspended. Turnover expanded to 2.55 billion units valued at RM3.06 billion from yesterday’s 2.19 billion units valued at RM2.35 billion.
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| FBM KLCI close slightly higher |
Year-end window dressing by fund managers seem to keep FBM KLCI on a slight gain today, an increase by 5 points, 0.29% higher.
The local market is also boosted by the performance in US trade.
Wall Street closed at historic highs while oil prices recouped just a little of the losses suffered when Saudi Arabia dismissed curbing supply.
Top gainers are mainly consumer sector such as British American Tobacco, Dutch Lady etc.
Across the region, Hong Kong’s Hang Seng declined 0.32% while South Korea’s Kospi was down 0.21%.
Japan markets were closed for a holiday.
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