KUALA LUMPUR, March 30 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, in line with most regional markets, as investors adjusted their risk exposure amid spiralling oil prices driven by the ongoing West Asia conflict, now in its second month. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) retreated by 24.75 points or 1.44 per cent to 1,687.90 from Friday’s close of 1,712.65. The market bellwether opened 10.57 points weaker at 1,702.08 and fluctuated between 1,682.79 and 1,702.38. The broader market was bearish, with decliners thumping advancers 956 to 371. A total of 373 counters were unchanged, 1,042 untraded and 134 suspended. Turnover expanded to 3.98 billion units worth RM4.85 billion from last Friday’s 2.97 billion units worth RM3.25 billion.
KUALA LUMPUR (June 1): The FBM KLCI gained 15.76 points or 0.9% as bargain hunting extended the index's recovery following recent substantial losses. At 5pm today, the KLCI closed at 1,756.38 points.
The KLCI extended its recovery today after yesterday's (Thursday) 21.34-point rise to 1,740.62 points. On Wednesday, the index fell 56.56 points to 1,719.28 points.
Today, TA Securities Holdings Bhd senior analyst Stephen Soo told theedgemarkets.com: "The follow-through from yesterday looks quite strong."
Across Bursa Malaysia today, trading volume stood at 2.88 billion shares valued at RM2.79 billion. Today's trading volume and value were down from yesterday's hefty 4.61 billion shares valued at a record high of RM9.27 billion.
Today's top gainers included KLCI-linked stocks Malayan Banking Bhd and MISC Bhd.
The most-active stocks included Sapura Energy Bhd and Opcom Holdings Bhd.
Source: The Edge
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