Bursa Malaysia bounces back to 52-week high

TheStar Tue, May 07, 2024 12:00am - 1 week View Original


KUALA LUMPUR: Bursa Malaysia extended last week’s gains to close higher for the third consecutive session yesterday, with the key index hitting a 52-week high amid an upbeat regional performance.

At 5pm, the FBM KLCI rose 0.49%, or 7.80 points to 1,597.39 compared to last Friday’s close of 1,589.59.

The benchmark index, which opened 2.21 points higher at 1,591.80, trended between 1,591.17 and a peak of 1,598.26 during the afternoon session.

On the broader market, gainers led decliners 657 to 447 while 499 counters were unchanged, 712 untraded and 16 others suspended.

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