BURSA Malaysia ended its six-day losing streak on Tuesday, driven by bargain hunters and boosted by positive sentiment across major Asian markets following strong Chinese economic data and gains on Wall Street.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.86 points, or 0.54%, to 1,660.35, up from Monday’s close of 1,651.49.

The index opened 2.31 points lower at 1,653.80 and fluctuated between 1,649.53 and 1,661.09 throughout the day.

Market breadth was mixed, with 501 losers outpacing 479 gainers, while 520 counters were unchanged, 955 untraded and six suspended.

Turnover eased to 3.05 billion units worth RM3.78 bil, compared to Monday’s 3.38 billion units valued at RM3.85 bil. - Sept 10, 2024

https://focusmalaysia.my/bursa-malaysia-ends-6-day-slide-ci-up-8-86-pts/