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.

Related News

World / 4d

Bangkok floods: The real pain starts when waters recede

Malaysia / 2w

Anutin’s first year: Restoring Thailand’s political status quo

Malaysia / 3w

Northern Malaysia must prepare for the consequences of lower rainfall

Malaysia / 1mth

Tajikistan eyes bigger role for Malaysia in Central Asian market

Opinion / 1mth

Massive attacks in the Thai Deep South aimed at destroying the economy

Malaysia / 1mth

Malaysia records 6% GDP growth in Q2 despite global headwinds, says Sim

Spotlight

Malaysia

Do not hide school safety issues to protect reputation - IGP

World

Flydubai pilot planned to crash plane into terminal at Ben Gurion Airport

Malaysia

Sabah Pan Borneo Highway: Only 4 of 35 packages complete after a decade

Malaysia

School caning was never abolished, Minster says

Malaysia

Sepang draws record crowd as Bahrain GP puts Malaysia back on F1 map

Malaysia

Irene Sofiya died from blunt-force head injuries, post-mortem confirms

Malaysia

No CCTV at spot where Irene was killed, says Minister

Malaysia

Irene’s only focus was her studies and her dream to become a doctor - aunt

You may be interested

Business

Oil supply risks mount as Brent tops US$102 on threat of Middle East shipping routes disruption

Business

Tabung Haji posts record RM4.64b profit on stronger investment performance

Business

Middle East conflict puts Malaysian SMEs under growing financial pressure - BNM