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.
Indian food delivery giant Swiggy has set a price range of 371 to 390 rupees per share for its highly anticipated US$1.35 billion (RM5.92 billion) domestic initial public offering (IPO), according to a newspaper advertisement released on Wednesday.
This IPO is set to be the second-largest in India this year, following Hyundai India’s US$3.3 billion IPO earlier in the month.
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