Business

Bursa ends at over 15-month high

Continued Covid-19 vaccine optimism and improved risk-appetite sees local bourse end strongly

Updated 5 years ago · Published on 03 Dec 2020 5:18PM

Bursa ends at over 15-month high
The benchmark FBM KLCI jumped 29.54 points, with gains seen practically across the board. – Bernama pic, December 3, 2020

KUALA LUMPUR – Continued Covid-19 vaccine optimism and improved risk-appetite saw Bursa Malaysia ending at a more than 15-month high.

At 5 pm, the benchmark FBM KLCI jumped 29.54 points to 1,628.26, with gains seen practically across the board.

The index opened 2.41 points higher at 1,601.13 from yesterday's close of 1,598.72.

It moved between 1,628.26 and 1,599.36 throughout the day.

On the broader market, gainers trumped losers 907 to 401, while 410 counters were unchanged, 416 untraded and 25 others suspended.

Volume increased to 12.37 billion units worth RM6.17 billion from 9.22 billion units worth RM5.43 billion yesterday.

On the index board, the FBM Emas Index expanded 196.32 points to 11,757.84, the FBMT 100 Index climbed 194.04 points to 11,512.14 and the FBM Emas Shariah Index gained 207.22 points to 13,537.48.

The FBM 70 added 197.64 points to 15,167.38 and the FBM ACE increased 165.60 points to 10,738.72.

Meanwhile, the Industrial Products and Services Index rose 4.60 points to 172.95, the Plantation Index went up 35.03 points to 7,374.15 and the Financial Services Index increased 252.29 points to 14,547.87.

The Main Market volume appreciated to 8.72 billion shares worth RM5.17 billion from 5.17 billion shares worth RM4.36 billion on Wednesday.

Warrants turnover dropped to 702.15 million units worth RM119.86 million from 715.58 million units worth RM135.41 yesterday.

Volume on the ACE Market decreased to 2.95 billion shares worth RM878.55 million from 3.34 billion shares worth RM935.06 million previously.

Consumer products and services accounted for 813.6 million shares traded on the Main Market, industrial products and services (2.4 billion), construction (1.2 billion), technology (460.2 million), SPAC (nil), financial services (95.2 million), property (1.5 billion), plantations (102 million), REITs (13.8 million), closed/fund (134,800), energy (1.5 billion), healthcare (61.8 million), telecommunications and media (115.5 million), transportation and logistics (292.7 million), and utilities (131.6 million). – Bernama, December 3, 2020.

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