Business

Bursa finishes higher as 2021 Budget passes third reading

Local bourse bucks regional trend, where Covid-19 concerns reigned

Updated 5 years ago · Published on 15 Dec 2020 5:17PM

Bursa finishes higher as 2021 Budget passes third reading
The benchmark FBM KLCI rose 11.28 points to 1,674.02 from yesterday’s close of 1,662.74. – Twitter pic, December 15, 2020

KUALA LUMPUR – Bursa Malaysia ended higher today, bucking the trend of its regional peers, after Malaysia’s 2021 Budget passed its third reading in the Dewan Rakyat with a division vote.

The benchmark FBM KLCI rose 11.28 points to 1,674.02 from yesterday’s close of 1,662.74.

It opened 1.20 points lower at 1,661.54 and moved between 1,655.88 and 1,679.10 throughout the day.

The FBMACE was at 10,691.32 up 223.20 points, and the FBMEmas was at 12,009.03, up 77.07 points.

On the broader market, gainers led losers 659 to 524, while 523 counters were unchanged, 440 untraded and 19 others suspended.

Total volume decreased to 9.96 billion shares worth RM5.02 billion from 11.88 billion shares valued at RM7.20 billion yesterday.

Turnover was at 9.962 billion shares valued at RM5.015 billion. – Bernama, December 15, 2020 

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