Bursa Malaysia ends higher on improved sentiment | Malay Mail

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Bursa Malaysia ends higher on improved sentiment | Malay Mail
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KUALA LUMPUR, Aug 5 — Bursa Malaysia was higher today on persistent buying support in selected heavyweights but closed off its intraday peak amid improved market sentiment, dealers said. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 4.45 points to end the day at 1,495.78 compared with...

KUALA LUMPUR, Aug 5 — Bursa Malaysia was higher today on persistent buying support in selected heavyweights but closed off its intraday peak amid improved market sentiment, dealers said.

Digi was the largest contributor to the rise in the composite index with 1.548 points. The telecommunications counter rose 11 sen to RM4.30 with 2.06 million shares changing hands. “Looking at the broader scale, the FBM KLCI bucked the regional trend as most of its Asian peers such as Thailand, South Korea and the Philippines were in the red amid hawkish comments by the United States Federal Reserve, which stated that it may taper its asset purchasing programme soon.

Of the heavyweights, Maybank gained three sen to RM8.04, IHH added one sen to RM5.72, CIMB rose four sen to RM4.55, while Public Bank and Petronas Chemicals were flat at RM3.96 and RM8.00 respectively.Among the actives, Vsolar and Saudee inched up half-a-sen each to 1.5 sen and 9.5 sen respectively, Fintec and Kanger were flat at 2.5 sen and 6.5 sen respectively, while Kejuruteraan Asastera slipped two sen to 59 sen.

Main Market volume decreased to 2.05 billion shares valued at RM1.92 billion from 2.51 billion shares worth RM2.2 billion on Wednesday.

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