KUALA LUMPUR: Bursa Malaysia reversed earlier losses to end at its intraday high on Friday, due to late buying in selected heavyweights.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 1.81 points, or 0.11 per cent, to 1,732.83 from yesterday’s close of 1,731.02.
The market bellwether opened 1.79 points lower at 1,729.23 and subsequently hit an intraday low of 1,723.91 in early trade. It moved within a narrow range for most of the day before gaining momentum toward the close.
However, in the broader market, losers led gainers 683 to 408, with 544 counters unchanged, 1,020 counters untraded and 27 suspended.
...