BURSA Malaysia ended the week with a stronger tone, in tandem with the upbeat performance across the region with buying mainly in telecommunications stocks.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.33% or 5.15 points to an intraday high of 1,590.09 from Thursday’s (June 27) close of 1,584.94.

The benchmark index, which opened 1.41 points weaker at 1,583.53, slipped to its lowest point at 1,581.52 in the early session.

On the broader market, gainers thumped decliners 673 to 411, with 488 counters unchanged, 841 untraded and 45 others suspended.

Turnover improved to 4.30 billion units worth RM3.08 bil from yesterday’s 4.23 billion units worth RM3.13 bil. - June 28, 2024

https://focusmalaysia.my/bursa-malaysia-closes-week-positively-following-regional-trends/