KUALA LUMPUR – Bursa Malaysia ended on a positive note today, with increased clarity in the political landscape rekindling risk-on mood.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI finished 6.77 points, or 0.45%, firmer at 1,525.20 compared with yesterday’s close of 1,518.43.
The market barometer opened 4.25 points easier at 1,514.18, and moved between 1,512.46 and 1,527.04 throughout the day.
Market breadth across the board turned positive, with gainers overtaking losers 478 to 460, while 468 counters were unchanged, 719 untraded and 19 suspended.
Total volume slipped to 5.96 billion units worth RM3.88 billion from 5.97 billion units worth RM3.82 billion yesterday.
A dealer said blue-chip counters, in particular, regained traction since mid-afternoon trading, as investors saw clarity with no major announcement made by opposition leader Datuk Seri Anwar Ibrahim following his audience with the Yang di-Pertuan Agong this morning.
Anwar has claimed to have majority support among MPs to form a new government. – Bernama pic, October 13, 2020
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