Malaysia

Bursa ends higher on gains in banking stocks

The local bourse charts its third straight day in the green, helped by interest in Public Bank

Updated 5 years ago · Published on 09 Dec 2020 7:14PM

Bursa ends higher on gains in banking stocks
The FTSE Bursa Malaysia KLCI rose 14.83 points to settle in green territory, on the back of a surge in banking stocks. – Facebook pic, December 9, 2020

KUALA LUMPUR – Bursa Malaysia extended its winning streak to a third day today, lifted by hefty gains in the banking stocks, which were led by Public Bank.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 14.83 points to settle at 1,646.53 after moving between 1,638.77 and 1,654.15 throughout the day.

However, on the broader market, losers outnumbered gainers 743 to 524, while 433 counters were unchanged, 439 untraded, and 36 others suspended.

Total volume increased to 11.88 billion shares worth RM6.68 billion from 11.26 billion shares worth RM6.39 billion yesterday. – Bernama, December 9, 2020

Related News

Malaysia / 5mth

Two factors contributed to lower EPF dividends this year – CEO

Business / 2y

SC, Bursa Malaysia pledge speedier IPO approvals in 3 months for main, ACE markets

Business / 2y

Bursa Malaysia opens lower on lack of fresh leads

Business / 2y

Bursa Malaysia retreats after yesterday's gains to open lower

Business / 2y

Bursa Malaysia opens marginally lower as ringgit drops slightly

Business / 2y

Bursa Malaysia in negative territory at mid-morning

Spotlight

World

Series of explosions, fires hit three southern Thai provinces

Opinion

One more temple falls: The destruction of Malaysia’s soul?

Opinion

Why is Israel pushing toward confrontation with Türkiye?

Malaysia

‘Uncle Anwar’ sends representative to children’s entrepreneurs day in Subang Jaya

Malaysia

‘Look at temple dispute based on facts and laws’ – DAP reps tell Rayer

By Alfian Z.M. Tahir

Malaysia

Malaysia, Brunei set deadline to demarcate boundary, enhance border security

Malaysia

Police probe indecent act allegedly targeting woman in Sungai Petani

Malaysia

Sarawak postpones three major programmes over haze concerns

You may be interested

Malaysia

PM Anwar receives royal honour from Brunei Sultan

Malaysia

Anwar approves additional RM1 million for Hindu crematorium in Seberang Prai

Malaysia

Zahid calls for forensic audit into RM9b Felda losses

Malaysia

APM officer dies after being bitten by king cobra during reptile demonstration

Malaysia

Pahang Sultan stops convoy to aid seriously injured crash victims in Sarawak

Malaysia

Armed gang escapes with RM500,000 in jewellery after five-minute Kuantan raid

Malaysia

Bersatu ‘technically’ no longer PN member, says Takiyuddin

Malaysia

Malaysian detained in Pakistan scam raid cleared and repatriated