KUALA LUMPUR, Sept 20 (Bernama) -- Bursa Malaysia ended higher on Friday in line with most Asian markets, mirroring gains from Wall Street, where investors welcomed the US Federal Reserve's substantial interest rate cut. The FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 3.17 points, or 0.19 per cent, to 1,668.82 at the close from Thursday's close of 1,665.65. It opened 5.03 points higher at 1,670.68, trading between 1,668.48 and 1,674.04 throughout the session. In the broader market, gainers outpaced decliners 732 to 468, while 465 counters were unchanged, 850 untraded and 32 suspended. Turnover swelled to 4.19 billion units worth RM5.97 billion, from Thursday's 3.99 billion units worth RM4.08 billion. UOB Kay Hian Wealth Advisors head of investment research, Mohd Sedek Jantan, noted the FBM KLCI's gains were led by utilities, logistics, and banking stocks, reflecting improved market sentiment. Additiona
KUALA LUMPUR (Aug 30): Bursa Malaysia rose 0.7% to end at an intraday high on Tuesday (Aug 30), rebounding from earlier losses on persistent buying interest in heavyweight stocks, said a dealer. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 10.48 points to 1,512.05, from Monday’s close of 1,501.57. The benchmark index opened 0.79 of a point easier at 1,500.78 on Tuesday morning, hitting a low of 1,496.8 in early trading. On the broader market, gainers led decliners 453 to 405, while 425 counters were unchanged, 1,049 untraded, and 53 others suspended. Total turnover rose to 2.86 billion units worth RM2.72 billion from 1.94 billion units worth RM1.59 billion on Monday. Bursa Malaysia opened easier and continued to trade mostly in negative territory, with profit-taking seen in selected heavyweight stocks, bucking Asian equities which were mostly higher in the morning session on Tuesday. However, the local bourse rebounded at mid-afternoon to end the day on a firm note, l