KUALA LUMPUR, Jan 7 (Bernama) -- Bursa Malaysia’s benchmark index rebounded from earlier losses to close at its intraday high on Wednesday, gaining 0.27 per cent in late trading as buying interest returned to selected heavyweights. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 4.48 points to 1,676.83 from Tuesday’s close of 1,672.35. The benchmark index opened 0.88 of-a-point lower at 1,671.47 and subsequently hit a low of 1,665.94 during the mid-morning session before gaining momentum toward closing. On the broader market, losers led gainers by 565 to 512, while some 526 counters were unchanged, 1,046 untraded, and 10 suspended. Turnover improved to 2.73 billion units worth RM2.76 billion versus Tuesday’s 2.66 billion units worth RM2.76 billion. Dealers said that investors were cautious following geopolitical developments in Asia.
The Malaysian stock market ended in the red on Friday, Dec 20, 2024, with major indices closing lower.
Key Index Performance
- FBM KLCI: 1591.410 (-0.54%)
- FBM 70: 18377.470 (-0.31%)
- FBM SCAP: 17503.590 (-0.06%)
- FBM Emas: 12222.940 (-0.44%)
FBM KLCI Movers
- Top Gainer:
- PPB (4065.MY): +2.19% to close at RM12.140.
- Top Loser:
- PETDAG (5681.MY): -4.23% to end at RM19.020.
FBM 70 Movers
- Top Gainer:
- HEXTECH (5136.MY): +6.54% to close at RM1.140.
- Top Loser:
- TOPGLOV (7113.MY): -5.71% to close at RM1.320.
Malaysia REITs Movers
- Top Gainer:
- IGBREIT (5227.MY): +3.81% to close at RM2.180.
- Top Loser:
- AXREIT (5106.MY): -1.14% to close at RM1.730.
Most Actively Traded Stock
- YTL (4677.MY):
- Gained 1.18% to close at RM2.580.
- Recorded a turnover of RM323.26 million.
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