Business

Bursa bounces with traders picking up beaten-down stocks

FBM KLCI up 5.20 points, or 0.33%, to 1,575.66 at opening bell

Updated 5 years ago · Published on 23 Feb 2021 9:40AM

Bursa bounces with traders picking up beaten-down stocks
Total volume on Bursa this morning stands at 622.56 million units worth RM248.78 million. – The Vibes file pic, February 23, 2021

KUALA LUMPUR – Bursa Malaysia rebounded at the opening bell today as traders picked up beaten-down stocks yesterday.

At 9.05am, the benchmark FTSE Bursa Malaysia KLCI rose 5.20 points, or 0.33%, to 1,575.66 from 1,570.46 at yesterday’s close.

The key index opened 3.21 points firmer at 1,573.67.

On the broader market, gainers beat losers 295 to 186, while 333 counters were unchanged, 1,383 untraded and nine suspended.

Total volume stood at 622.56 million units worth RM248.78 million. – Bernama, February 23, 2021

Related News

Business / 6d

Tycoon Vincent Tan trims BCorp stake further in RM115m share sale

Malaysia / 3mth

Two factors contributed to lower EPF dividends this year – CEO

Business / 2y

SC, Bursa Malaysia pledge speedier IPO approvals in 3 months for main, ACE markets

Business / 2y

Bursa opens slightly lower amid heightened Wall St volatility

Business / 2y

Bursa Malaysia opens lower on lack of fresh leads

Business / 2y

Bursa Malaysia lower in early trade amid Middle East conflict

Spotlight

Malaysia

Bersatu-PH tie-up a possibility as coalition seeks Malay support, analyst says

By Alfian Z.M. Tahir

Malaysia

Woman molested on her way home from work (video)

Malaysia

Court allows Daim's daughter to permanently keep passport

Malaysia

Santiago pokes holes in data centre hype, asks: Who really benefits?

By Alfian Z.M. Tahir

Malaysia

Jeweller vows to pursue Rosmah until ‘every penny’ is recovered as RM67.5m battle enters enforcement phase

Malaysia

Ambulance carrying two injured men crashes en route to hospital after MPV collision in Besut

Malaysia

Man blames 'lack of love' for sexual assault on teens

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB

Malaysia

Missing jewellery: Rosmah ordered to pay RM67.5 million

You may be interested

Business

Ringgit holds firm despite US inflation shock as markets brace for Federal Reserve decision

Business

Open fibre sues Bank Pembangunan, six others in RM2b claim over Aries telecoms liquidation

Business

Unemployment rate rises to 3.0 per cent in April 2026 - DOSM

Business

Ringgit holds firm against major currencies as markets await key US inflation data

Business

BNM's OPR to stay at 2.75 pcent in 2026 amid strong domestic demand - Kenanga IB