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Bursa snaps four-day losing streak, closes at intraday high

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 11.27 points to close 0.66% higher at 1,698.01 points from Friday’s close of 1,686.74.

Bursa snaps four-day losing streak, closes at intraday high

Bursa Malaysia's benchmark index, the FTSE Bursa Malaysia KLCI, ended Monday's trading session with a 0.66% increase, closing at 1,698.01 points after a four-day losing streak. The index, which opened at 1,686.65, experienced a low of 1,682.49 before settling at its intraday high of 1,698.01. Although market breadth was negative, with more stocks falling than rising, bargain hunting helped lift half of the index's constituent stocks. Turnover for the day narrowed to RM2.79 billion from the previous day's RM3.28 billion.

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