KUALA LUMPUR, July 31 (Bernama) -- Bursa Malaysia ended higher on Friday as investors continued to accumulate blue-chip stocks in line with stronger performances across most regional markets. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.50 points to 1,724.90 from yesterday’s close of 1,720.40. The benchmark index opened 0.83 of a point higher at 1,721.23, and moved between 1,715.67 and 1,730.12 throughout the day. The broader market was positive with gainers outpacing losers 707 to 402, while 547 counters were unchanged, 1,085 untraded and 56 suspended. Turnover expanded to 3.03 billion units valued at RM3.56 billion from 2.49 billion units valued at RM2.25 billion on Thursday.
Growth Overview : Malaysia's capital market saw a 9.7% growth in 2024, reaching RM4.2 trillion from RM3.8 trillion in 2023. This growth was driven by: Strong local buying interest A series of initial public offerings (IPOs) Growth in the bond and sukuk market Bursa Malaysia Performance : Market capitalisation of Bursa Malaysia rose to RM2.1 trillion in 2024, up from RM1.8 trillion in 2023. The market capitalisation of FTSE Bursa Malaysia KLCI components grew to RM1.2 trillion from RM1.0 trillion in the previous year. Fund Management Growth : Total assets under management (AUM) reached a record RM1.1 trillion , up from RM975.5 billion in 2023. The unit trust segment remains the largest source of funds, accounting for 51.1% of total AUM. Capital Raised : Total funds raised in the capital market increased to RM1...