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Bursa Malaysia edges higher in cautious trade ahead of US inflation print

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Publish date: Wed, 14 Aug 2024, 06:17 PM

BURSA Malaysia finished marginally higher today, in line with the positive performance across the region, but investors maintained a risk-off mode ahead of the release of the US inflation print tonight, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 0.17% or 2.83 points compared with Tuesday’s close of 1,609.52.

The index, which opened 2.27 points higher at 1,611.79, fluctuated between 1,606.49 and 1,613.63 throughout the session.

Market breadth saw gainers leading losers 553 to 442, with 474 counters unchanged, 1,019 untraded and nine others suspended.

Turnover rose slightly to 3.46 billion units valued at RM2.497 bil from Tuesday’s (Aug 13) 3.41 billion units worth RM2.499 bil. - Aug 14, 2024

 

https://focusmalaysia.my/bursa-malaysia-edges-higher-in-cautious-trade-ahead-of-us-inflation-print/

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