KUALA LUMPUR, June 18 (Bernama) -- Bursa Malaysia’s key index finished marginally higher, supported by strong buying interest in consumer-related counters, amid mixed performance across regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 1.40 points, or 0.08 per cent, to 1,711.39 from Tuesday's close of 1,709.99. The key index opened 12.36 points firmer at 1,722.35 and moved between 1,711.31 and 1,722.63 throughout the session. Market breadth was negative, with losers leading gainers 678 to 493, while 549 counters were unchanged, 1,016 untraded and 34 suspended. Turnover increased to 4.50 billion units worth RM3.45 billion from 3.93 billion units worth RM3.45 billion on Tuesday.
The feel good factor continues in the market as FBM KLCI breached the 1,700 mark.
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| FBM KLCI breached the 1,700 mark |
The positive sentiment was felt across the Asia region.
In Malaysia, the FBM KLCI was up 3.77 points or 0.22% to 1,700.31.
In the Asia region, Japan's Nikkei 225 ended the day up 1.74%, while Hong Kong's Hang Seng rose 1.17% and South Korea's Kospi inched up 0.04%.
Reuters reported that Asian shares began a central bank-focused week on firm footing today, buoyed by gains on Wall Street, as well as glimmers of strength in weekend data from China.
Across Bursa, there were 419 advancers versus 412 losers, while 360 counters closed unchanged.
A total of 1.47 billion shares, valued RM1.61 billion, exchanged hands during the day.
Nestle (Malaysia) Bhd rose RM1.54 or 2.08% to close at RM75.50; while the top loser was Petronas Dagangan Bhd, which fell 40 sen to RM24.10.
The most actively-traded stock was Gamuda Bhd's warrant (Gamuda-WE), which fell two sen or 2.07% to close at 94.5 sen.
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