KUALA LUMPUR: Bursa Malaysia saw heavy trading in penny stocks while healthcare stocks and glove makers lifted the FBM KLCI near the key 1,400 level on Wednesday.
At 5pm, the FBM KLCI was up 17.20 points or 1.25% to 1,397.53, but off the day's high of 1,400.67.
Trading volume on Bursa hit an all-time high of 9.59 billion units while trading value was RM5.10bil. The broader market was weaker with decliners beating advancers 558 to 395 while 350 counters were unchanged.
Sentiment was given a boost as the first quarter GDP data came in above expectations at 0.7% though the central bank cautioned the country would contract in the second quarter due to the movement control order in place since mid-March.
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