Bursa Malaysia ends higher on bargain-hunting in banking, gaming stocks

Business & Finance
27 Apr 2023 • 5:58 PM MYT
Malay Mail
Malay Mail

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KUALA LUMPUR, April 27 — Bursa Malaysia ended higher today, with the key index rising 0.27 per cent, due to bargain-hunting in banking and gaming stocks, an analyst said.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.80 points to 1,418.05 from yesteday’s close of 1,414.25.

The barometer index opened 2.19 points better at 1,416.44, and moved between 1,413.46 and 1,418.17 throughout the day.

However, the market breadth was negative with decliners leading gainers 417 to 388, while 414 counters were unchanged, 1,075 untraded and 65 others suspended.

Turnover fell to 2.49 billion units valued at RM1.46 billion from 2.55 billion units valued at RM1.54 billion on Wednesday. — Bernama