Bursa Malaysia closes off intraday high, CI up 7.30 pts | Malay Mail

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KUALA LUMPUR, June 14 — Bursa Malaysia closed off its intraday high but remained firmly in the positive territory today, supported by persistent buying in selected healthcare and financial services counters and in line with the better performance in most regional markets, dealer said. At 5pm, the...

KUALA LUMPUR, June 14 — Bursa Malaysia closed off its intraday high but remained firmly in the positive territory today, supported by persistent buying in selected healthcare and financial services counters and in line with the better performance in most regional markets, dealer said.

Market breadth was positive with gainers leading losers 563 to 428, while 445 counters were unchanged, 718 untraded, and 11 others suspended. An analyst said Asian markets sentiment turned positive as investors anticipated the US Federal Reserve’s dovish monetary policy to continue following the US Federal Open Market Committee meeting in mid-week.

Among other heavyweights, Maybank was 1.0 sen higher at RM8.19, Public Bank, Petronas Chemicals, and IHH Healthcare gained 2.0 sen each to RM4.23, RM8.10 and RM5.50, respectively, while TNB improved 12 sen to RM10.06. The FBM Emas Shariah Index advanced 77.11 points to 12,713.44 and the FBM 70 jumped 94.97 points to 15,029.40.

 

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