Bursa ends at intraday high, led by financial and healthcare sectors
Investors rotated back into defensive and domestic-oriented sectors amid improving global risk appetite, says analyst.
Bursa Malaysia closed at an intraday high today, driven by gains in the financial services and healthcare sectors, according to a report by Free Malaysia Today. The benchmark index, the FTSE Bursa Malaysia KLCI, rose 6.93 points to 1,732.66 by 5pm, from the previous close of 1,725.73. The index opened 0.21 points higher and experienced a low of 1,722.78 before climbing to its intraday peak.
The broader market showed positive momentum, with advancers outnumbering decliners by 621 to 482. The turnover for the day increased to 2.80 billion units valued at RM2.81 billion, up from 2.73 billion units valued at RM2.33 billion the previous day.
Brief written by urgent.news from Free Malaysia Today's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
