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

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