Bursa Malaysia ends higher in anticipation of Budget 2024

Business & Finance
12 Oct 2023 • 6:06 PM MYT
Malay Mail
Malay Mail

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KUALA LUMPUR, Oct 12 — Bursa Malaysia finished higher today, tracking the strong regional market performance, with buying interest mainly in banking and telecommunication stocks, ahead of the tabling of Budget 2024 tomorrow.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 7.33 points to 1,443.82 from Wednesday’s close of 1,436.49.

The index, which opened 1.47 points better at 1,437.96, moved between 1,437.96 and 1,446.06 throughout the day.

On the broader market, gainers outpaced decliners 587 to 341, while 439 counters were unchanged, 988 untraded and 11 others suspended.

Turnover increased to 3.38 billion units worth RM2.03 billion from 3.01 billion units worth RM2.18 billion yesterday. — Bernama