FBM KLCI remains in positive territory at midday

Publish date: Tue, 27 Feb 2024, 01:32 PM

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI (FBM KLCI) remained in positive territory at midday driven by continued buying activities in selected heavyweights, mainly the utilities sectors.

YTL Corporation gained 18 sen to RM2.68 and YTL Power International edged up 12 sen to RM4.18. These counters pulled the composite index up by a combined of 4.91 points. 

At 12.30 pm, the FBM KLCI increased 6.33 points to 1,553.93 from yesterday's close of 1,547.60.

The benchmark index which opened 2.08 of-a-point weaker at 1,545.52, moved between 1,545.16 and 1,554.25.

However, the market breadth was negative with losers surpassing gainers 580 to 409, while 400 counters were unchanged, 920 untraded and 47 others suspended.

Turnover amounted to 2.21 billion units worth RM1.49 billion.

  - Bernama

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