FBMKLCI Inches Up Slightly On Late Buying Of Blue Chips

Bursa Malaysia closed higher on Tuesday, buoyed by late buying in blue-chip stocks led by Maybank Bhd, MISC Bhd, and Petronas Chemicals Group Bhd, amid the mostly weaker performance in regional peers.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) inched up by 0.88 of a point to 1,538.42 from Monday’s close of 1,537.54.

The benchmark index opened 1.48 points lower at 1,536.06 and moved in a tight range between 1,532.07 and 1,540.51 throughout the day. 

On the broader market, gainers beat losers 570 to 472, while 491 counters were unchanged, 807 untraded, and 47 others suspended.

Turnover increased to 3.83 billion units worth RM3.04 billion from 3.59 billion units worth RM2.49 billion on Monday.

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