KUALA LUMPUR: The FBM KLCI pared some of its gains today, as sellers dominated the market amid some bargain hunting activities following the recent selldown.
The benchmark index edged up 3.97 points, or 0.26% to 1,559.68. The index hit an intraday high of 1,563.47 and a low of 1,556.16.
Decliners outnumbered gainers by 657 to 344 while 447 counters closed unchanged. A total of 5.4 billion shares worth RM2.56bil were traded.
Dealers said investors started nibbling on beaten down stocks as Bursa Malaysia. They added that investors’ risk appetite improved following the overnight gains on Wall Street.
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