FBM KLCI Continues Upward Momentum At Midday In Line With Upbeat Regional Markets

KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia continued its upward momentum at midday, in line with the upbeat regional market performance and supported by continued buying interest in selected heavyweights, led by the financial services and industrial products and services sectors.

At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 13.15 points, or 0.78 per cent, to 1,709.71 from Monday’s close of 1,696.56.

The benchmark index opened 6.60 points higher at 1,703.16 and fluctuated between 1,701.19 and 1,713.25 in the morning session.

Market breadth was positive, with 567 gainers leading 402 losers. A total of 420 counters were unchanged, 1,332 remained untraded, and 21 were suspended.

Turnover stood at 1.60 billion units, valued at RM1.25 billion.

--BERNAMA