KUALA LUMPUR, Dec 12 (Bernama) -- Bursa Malaysia’s key index closed higher today on bargain hunting, in line with positive investor sentiment across regional markets, consolidating at its highest level in more than two months — a level last seen on Oct 2, 2025. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 12.42 points, or 0.76 per cent, to 1,637.81, compared with Thursday’s close of 1,625.39. The benchmark index opened 2.83 points lower at 1,622.56, thereafter edged down to an early low of 1,622.03, before staging an uptrend to an intraday high of 1,640.36 in late trading. Market breadth was positive, with gainers trouncing decliners at 743 versus 387. Another 530 counters were unchanged, 1,108 untraded, and 16 suspended. Turnover increased to 3.09 billion units worth RM2.46 billion from 2.99 billion units worth RM2.35 billion on Thursday. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FBM KLCI ended higher on continued...
HSBC Holdings has bought back and cancelled more than 9.1 million shares from Merrill Lynch International, according to a filing with the Hong Kong Stock Exchange.
The bank repurchased 4.87 million shares across UK trading venues—including the London Stock Exchange, Aquis Exchange, and Cboe Europe—at an average price of £9.89 per share.
An additional 4.25 million shares were bought on the Hong Kong Stock Exchange at an average price of HK$101.82each.
HSBC’s stock rose 0.39% in Hong Kong and 0.82% in London following the buyback disclosure.
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