Business

Bursa Malaysia closes higher in line with regional trend

FBM KLCI snaps four-day losing streak

Updated 5 years ago · Published on 23 Dec 2020 5:25PM

Bursa Malaysia closes higher in line with regional trend
Bursa Malaysia closed broadly higher on better market sentiment, dealers said. – Bursa Malaysia pic, December 23, 2020

KUALA LUMPUR – Bursa Malaysia closed broadly higher in line with the general regional trend, as the key index snapped its four-day losing streak on better market sentiment, dealers said.

At the close, the benchmark FBM KLCI chalked up 15.58 points to 1,647.50 after moving between 1,627.53 and 1,652.59 throughout the session.

The overall market breadth was bullish with gainers trouncing losers 841 to 355, while 627 counters were unchanged, 325 untraded and 38 others suspended.

Total volume decreased to 6.35 billion units worth RM3.42 billion from 7.84 billion units worth RM4.14 billion on Tuesday.

The Main Market volume decreased to 4.07 billion shares worth RM2.81 billion from 4.79 billion shares worth RM3.07 billion yesterday. 

Warrants turnover narrowed to 562.13 million units worth RM91.84 million from yesterday’s 625.95 million units worth RM105.86 million. 

Volume on the ACE Market dipped to 1.72 billion shares worth RM509.38 million from 2.42 billion shares worth RM959.21 million previously. 

Consumer products and services accounted for 610.06 million shares traded on the Main Market, industrial products and services (1.22 billion), construction (242.97 million), technology (184.23 million), SPAC (nil), financial services (81.86 million), property (644.72 million), plantations (273.99 million), REITs (12.03 million), closed/fund (37,600), energy (561.16 million), healthcare (44.25 million), telecommunications and media (36.46 million), transportation and logistics (94.63 million), and utilities (55.35 million). – Bernama, December 23, 2020

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