KUALA LUMPUR, June 4 — Bursa Malaysia rallied today to close at its intraday-high, as well as its highest level in nearly five months, assisted by a mixture of industrial, consumer and healthcare sector stocks, in sync with better performance of regional indices. The benchmark FTSE Bursa Malaysia...
The benchmark FTSE Bursa Malaysia KLCI soared 23.31 points to end the day at 1,561.84 from 1,538.53 at yesterday’s close. — Bernama pic
The index, which opened 3.16 points stronger at 1,541.69 this morning, moved between 1,541.5 and 1,561.84 throughout the day. Although healthcare sector shares are still on demand, Maybank IB Research, in a note, said a pullback is expected to continue in selective Covid-19 and healthcare-related stocks, while interest in plantation and property stocks could start intensifying in the near term.
Of the actives, AT Systematization added 2.5 sen to 10.5 sen, Sapura Energy increased half-a-sen to 10.5 sen, Xidelang improved one sen to 6.5 sen, K-One gained 9.5 sen to 54 sen, and JAG rose 1.5 sen to 9.5 sen. Main Market volume eased to 4.73 billion shares worth RM4.86 billion from 6.32 billion shares worth RM6.2 billion yesterday.
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