Bursa Malaysia turnover surges to 12-month high

TheStar Fri, Jan 05, 2024 12:00am - 4 months View Original


Rakuten's Thong anticipates the benchmark index trending within the range of 1,465 to 1,480 points towards the weekend.

PETALING JAYA: Bursa Malaysia continued its uptrend at the close yesterday due to increased interest from retail and repositioning of portfolios by institutional and foreign investors, analysts say.

At 5pm, the FBM KLCI rose 1.01% or 14.89 points to 1,477.26 from Wednesday’s close of 1,462.37.

Yesterday’s turnover surged to 6.37 billion units worth RM3.82bil from 5.63 billion units worth RM3.12bil the previous day.

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