KUALA LUMPUR, Oct 20 (Bernama) -- Bursa Malaysia’s benchmark index edged higher at the close as bargain hunting emerged following Monday’s sharp sell-off, although it narrowly failed to reclaim the 1,600 level, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 3.83 points, or 0.24 per cent, to 1,599.58 from Monday’s close of 1,595.75. The index opened 3.18 points lower at 1,592.57, marking its intraday low, and reached an intraday high of 1,602.83 in early trading. On the broader market, decliners outnumbered gainers 751 to 331, while 499 counters were unchanged, 1,259 untraded and 10 suspended. Turnover rose to 2.86 billion units worth RM2.42 billion against Monday’s 2.49 billion units worth RM2.38 billion.
KUALA LUMPUR, Aug 26 (Bernama) -- Bursa Malaysia ended higher on Wednesday, in line with most regional markets, as lower oil prices eased inflationary pressure and improved risk appetite, with buying interest mainly focused on YTL-related and banking counters, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) surged 12.21 points to 1,748.54 from Monday’s close of 1,736.33. The benchmark index opened 3.07 points higher at 1,739.40 and fluctuated between 1,735.70 and 1,753.22 throughout the day. YTL Power International contributed 8.21 points to the index’s gains, while YTL Corporation added 3.23 points. Among banking counters, Maybank contributed 3.43 points, followed by CIMB Group with 2.30 points and Public Bank with 1.72 points. Collectively, these counters contributed 19 points to the overall rise in the composite index. On the broader market, gainers trounced losers 777 to 466, while 582 counters were unchanged, 1,029 untraded and 49 suspended.