KUALA LUMPUR: Heavy churning of penny stocks saw the local stock market recorded a fresh high in trading volume at over 15 billion units – the second successive day on Tuesday – amid a firmer broader market.
At 5pm, the FBM KLCI pared its losses to end 3.33 points higher or 0.21% to 1,575.94, tracking the stronger key Asian markets. The KLCI hit an intra-day low of 1,549.62.
Turnover on Bursa was 15.62 billion shares valued at RM10.45bil. There were 608 gainers, 514 losers and 376 counters unchanged.
On Monday, trading volume was 13.128 billion shares valued at RM8.24bil. The 30-stock KLCI saw RM20bil wiped out that day.
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