KUALA LUMPUR, Feb 6 -- Bursa Malaysia continued yesterday’s uptrend momentum to close higher on persistent bargain hunting in most heavyweights and the broader market, analysts said.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.04 per cent, or 15.98 points to 1,552.77 from Wednesday’s close of 1,536.79.
The benchmark index, which opened 4.09 points better at 1,540.88, moved between 1,540.88 and 1,555.53 throughout the day.
On the broader market, gainers outpaced losers by 673 to 292, with 316 counters unchanged, 696 untraded and 23 others suspended.
Turnover increased slightly to 3.07 billion shares valued at RM2.47 billion from 3.06 billion shares valued at RM2.68 billion on Wednesday.