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

Related News

Malaysia / 1mth

New Malaysia-Thailand border crossing: Businesses will not be affected, says tourism authority

Malaysia / 1mth

Cases of foreigners marrying locals for business licenses in Selangor getting serious

Trending / 4mth

Langkawi ferry to go out of business if trips are not reduced

Malaysia / 5mth

Two factors contributed to lower EPF dividends this year – CEO

Malaysia / 10mth

MITI focuses on financing, digital empowerment to boost women entrepreneurs - Tengku Zafrul

Malaysia / 11mth

Ipoh: The Haven granted stay of execution; business as usual

Spotlight

Malaysia

RM245m Penang Hill cable car project 32 per cent complete - CM

By Ian McIntyre

Malaysia

Six locals charged over alleged kidnapping of Singaporean couple in Johor

Malaysia

PM: No political, racial or religious shield for those found guilty in TH, Felda probes

Malaysia

Singapore security guard jailed 14 days, fined RM7,000 for insulting Islam

Health

Dengue cases soar 56% to 58,079 as nation records 55 deaths

Malaysia

NGOs urge BERSAMA to put Indian community agenda on political radar

By Alfian Z.M. Tahir

Health

MOH warns seniors against unproven hydrogen inhalers

Malaysia

Former Tabung Haji CEO remanded seven days as MACC RCI probe deepens

Malaysia

21 held in KLIA-Nilai crackdown on alleged online love scam syndicate

You may be interested

Business

Independent review needed, not blind denial, to address US claims – maritime expert

Business

Tey Por Yee and four others ordered to pay RM103.75m in SC civil suit

Business

Oil prices surge as US-Iran standoff, Ukraine strikes rattle global energy markets

Business

FMM urges input tax credits as government reviews GST features for SST

Business

Robo.ai expects shareholders’ equity to turn positive after restructuring

By Alfian Z.M. Tahir

Business

Oil prices hold above US$84 as Middle East tensions persist