BURSA Malaysia continued its uptrend to close higher, tracking the upbeat performance of regional peers, amid strong buying support from foreign funds as well as local institutions, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.50 points to 1,582.66 from last Friday’s close of 1,575.16.

The benchmark index opened 1.14 points better at 1,576.30 and moved between 1,575.0 and 1,583.34 throughout the day.

On the broader market, gainers beat decliners 561 to 403 while 616 counters were unchanged, 793 untraded and 112 others suspended.

Turnover improved to 4.24 billion units worth RM3.25 bil from 4.11 billion units worth RM3.25 bil last Friday. - April 29, 2024

https://focusmalaysia.my/bursa-malaysia-ends-higher-on-buying-support-from-foreign-local-institutions/