KUALA LUMPUR, Aug 17 — Bursa Malaysia ended higher with the key index bouncing back stronger by 1.38 per cent today, in anticipation of a swift decision on Malaysia’s next administration. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) soared 20.69 points to end the day at...
KUALA LUMPUR, Aug 17 — Bursa Malaysia ended higher with the key index bouncing back stronger by 1.38 per cent today, in anticipation of a swift decision on Malaysia’s next administration.
Market breadth remained positive at the close with gainers leading losers 621 to 395, while 407 counters were unchanged, 777 untraded, and eight others suspended. Rakuten Trade head of equity sales Vincent Lau said the current market strength was lifted by the index-linked stocks and this upward momentum is likely to sustain for the remaining trading sessions of the week.Of the heavyweights, Maybank jumped eight sen to RM8.14, Public Bank gained two sen to RM3.85, Petronas Chemicals put on five sen to RM8, TNB surged 19 sen to RM9.94, CIMB bagged nine sen to RM4.60, and IHH Healthcare fell two sen to RM5.78.
Sector-wise, the Plantation Index rose 76.20 points to 6,323.43, the Financial Services Index added 113.20 points to 14,844.87, and the Industrial Products and Services Index gained 2.82 points to 190.75.
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