Business

Bursa ends on stronger note

FBM KLCI surges 2.5% or 39.55 points to 1,602.26

Updated 5 years ago · Published on 01 Dec 2020 5:28PM

Bursa ends on stronger note
The index opened 17.46 points stronger at 1,580.17 compared with yesterday's close of 1,562.71. – December 1, 2020

KUALA LUMPUR – Kuala Lumpur shares closed on a strong note today in sync with the buoyant regional markets as sentiment was boosted by bullish Chinese data and continued hope for Covid-19 vaccine. 

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) surged 2.5% or 39.55 points to 1,602.26, led mainly by financial services, industrial products and services, as well as plantation sectors.

The index opened 17.46 points stronger at 1,580.17 compared with yesterday's close of 1,562.71.

It moved between 1,580.17 and 1,604.57 throughout the day.

On the broader market, gainers outpaced losers 760 to 479 while 432 counters were unchanged, 437 untraded and 16 others suspended.

Volume increased to 9.19 billion units worth RM5.35 billion from 9.02 billion units worth RM7.71 billion yesterday. – Bernama, December 1, 2020

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