KLCI closes at highest in nearly 5 months

TheStar Thu, Jun 04, 2020 05:19pm - 3 years View Original


KUALA LUMPUR: Bursa Malaysia marched higher for the seventh consecutive session in line with gains across the region, to move above the 1,560-point threshold.

The FBM KLCI closed at its highest level in almost five months to 1,561.84 points, up 23.31 points, or 1.52% against the closing on Wednesday.

Market breadth is positive with advancers outpaced the decliners on a ratio of 634-to-389 stocks. Traded volumes declined to 8.18 billion shares valued at RM6.11bil.

Dealers said the performance of the local bourse was in line with most of its regional peers. They noted that glovemakers staged a slight recovery from their slump in recent days.

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