KUALA LUMPUR, Feb 11 (Bernama) -- Bursa Malaysia ended higher today as buying on selected blue chips continued, said a brokerage. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.85 points or 0.51 per cent to 1,756.39 from Tuesday’s close of 1,747.54. The barometer index opened 3.69 points higher at 1,751.23 before moving as low as 1,745.51 in early trade to as high as 1,757.15 during the mid-afternoon session. Market breadth was positive with gainers leading losers 575 to 474, while 549 counters were unchanged, 1,087 untraded and 11 suspended. Turnover expanded to 2.55 billion units valued at RM3.06 billion from yesterday’s 2.19 billion units valued at RM2.35 billion.
Malaysia's international reserves dipped slightly to US$118.1 billion as of Dec 13, 2024, down from US$118.3 billion two weeks earlier, according to a statement by Bank Negara Malaysia (BNM) on Friday.
Key Highlights
Reserves Position
- The reserves are sufficient to:
- Finance 4.6 months of imports of goods and services.
- Cover 0.9 times the country’s short-term external debt.
Breakdown of Reserves
- Foreign Currency Reserves:
- Declined slightly to US$105.1 billion (Nov 29: US$105.4 billion).
- Special Drawing Rights (SDRs):
- Increased to US$6 billion (Nov 29: US$5.9 billion).
- International Monetary Fund (IMF) Reserves Position:
- Remained unchanged at US$1.3 billion.
- Gold:
- Steady at US$3.3 billion.
- Other Reserve Assets:
- Unchanged at US$2.4 billion.
BNM’s Total Assets and Currency in Circulation
- Total Assets:
- Rose to RM597.36 billion (Nov 29: RM595.77 billion).
- Currency in Circulation:
- Stood at RM167.59 billion.
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