Bursa Malaysia hits three-year high as bulls continue charge

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Bursa Malaysia News

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KUALA LUMPUR, May 20 — Shares on Bursa Malaysia broke through the 1,620-point resistance level today as funds poured in, lifting the key index to its highest since March 2021....

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Turnover eased to 6.98 billion units worth RM4.36 billion compared to Friday’s 7.23 billion units worth RM4.54 billion. Thus, he anticipates the FBM KLCI to trend within the range of 1,620-1,640 for the week, with immediate resistance at 1,640 and support at 1,590. On the index board, the FBM Emas Index jumped 90.36 points to 12,398.54, the FBMT 100 Index expanded 84.08 points to 11,990.09, and the FBM Emas Shariah Index bounced 120.19 points to 12,642.40.

The Main Market volume dropped to 4.56 billion units worth RM3.86 billion from 4.58 billion units worth RM4 billion on Friday.

 

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