The local bourse took its cue from the recovery rally in the US, which offered global markets a bit of a respite, says analyst.
KUALA LUMPUR: Shares on Bursa Malaysia closed broadly higher today, with buying momentum seen in the broader market, although the FTSE Bursa Malaysia KLCI ended 0.06% lower.
Gainers beat losers 557 to 370 on the broader market, while 468 counters were unchanged, 904 untraded and 10 others suspended. Meanwhile, Maybank was flat at RM9.40, Public Bank and CIMB declined one sen each to RM4.39 and RM6.36, while Tenaga Nasional added four sen to RM11.10. Sector-wise, the industrial products and services index added 0.95 of-a-point to 175.04 but the property index lost 0.53 of-a-point to 921.4, the plantation index dipped 19.37 points to 7,216.08 and the energy index fell 1.37 points to 889.34.The Main Market volume widened to 2.33 billion units valued at RM1.99 billion from yesterday’s 1.51 billion units worth RM1.69 billion.
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