BURSA Malaysia staged a sharp rebound at the close on Friday from yesterday’s (Aug 29) loss, with the benchmark index bouncing 1.53 per cent amid a strong performance in regional markets.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 25.25 points to 1,678.80 from Thursday’s close of 1,653.55. The index opened 4.93 points higher at 1,658.48 and fluctuated between 1,651.10 and 1,679.85 throughout the session.

The broader market was firm, with gainers outnumbering decliners 771 to 421, with 437 counters unchanged, 861 untraded and 80 others suspended.

Turnover increased to 3.95 billion units valued at RM6.22 bil from 3.67 billion units valued at RM3.96 bil on Thursday. - Aug 30, 2024

https://focusmalaysia.my/bursa-malaysia-rebounds-sharply-amid-strong-regional-performance/