KUALA LUMPUR: Bursa Malaysia closed higher on Friday in range-bound trading, supported by buying in selected heavyweight stocks.
At the close, the FBM KLCI was up 5.76 points, or 0.36% at 1,598.28. It has risen to an intraday high of 1,599.76. For the week, the benchmark index added 34.38 points, or 2.19%.
Market breadth was positive with gainers outnumbered the losers on a ratio of 627-to-419 stocks. About 4.96 billion shares, valued at RM3bil, changed hands.
Dealers said the performance of the local bourse was in line with its regional peers amid persistent buying from foreign funds.
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