Business

Bursa Malaysia remains upbeat as Budget 2021 passes

FBM KLCI 13.35 points higher compared with yesterday

Updated 5 years ago · Published on 26 Nov 2020 3:53PM

Bursa Malaysia remains upbeat as Budget 2021 passes
As at 4pm, the benchmark index FTSE Bursa Malaysia KLCI (FBM KLCI) was 13.35 points higher at 1,610.93 compared with yesterday’s close of 1,597.58. – The Vibes file pic, November 26, 2020

KUALA LUMPUR – Bursa Malaysia remained on an upbeat momentum as Budget 2021 was debated and passed in Parliament today.

As at 4pm, the benchmark index FTSE Bursa Malaysia KLCI (FBM KLCI) was 13.35 points higher at 1,610.93 compared with yesterday’s close of 1,597.58.

On the overall market, gainers thumped losers 712 to 477 while 419 counters were unchanged.

Turnover was at 6.717 billion shares valued at RM3.495 billion.

On Bursa Malaysia, Top Glove staged a rebound, rising 47 sen to RM7.12, followed by Telekom Malaysia adding 28 sen to RM5.12, IHH rising four sen to RM5.60, and Axiata inching up three sen to RM3.35.  

Among the actives, Vivocom shed 11.5 sen to 74 sen, AT Systematization added 2.5 sen to 19.5 sen, and Xidelang dropped half-a-sen to 6.5 sen.

On the index board, the FBM Emas Index was 115.61 points higher at 11,556.04, the FBMT 100 Index rose 81.89 points to 11,311.76, the FBM Emas Shariah Index jumped 165.73 points to 13,259.59, and the FBM 70 surged 148.89 points to 14,688.86.

The FBM ACE dropped 106.75 points to 10,472.72, the Industrial Products and Services Index perked up 0.99 of-a-point to 159.60, the Plantation Index added 6.53 points to 7,320.06, while the Financial Services Index slipped 73.56 points to 14,153.85. – Bernama, November 26, 2020

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