Bursa snaps two-day losing streak on bargain-hunting

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KUALA LUMPUR, Jan 5 — Bursa Malaysia snapped two consecutive days of losses to end higher on Thursday with the key index rising by 0.77 per cent on bargain-hunting...

KUALA LUMPUR, Jan 5 — Bursa Malaysia snapped two consecutive days of losses to end higher on Thursday with the key index rising by 0.77 per cent on bargain-hunting activities.

Market breadth was positive with advancers leading decliners 479 to 418, while 404 counters were unchanged, 908 untraded, and nine others suspended. As for the actives, Citaglobal bagged three sen to 35.5 sen, Top Glove improved by 5.0 sen to 91 sen, Artroniq garnered 6.0 sen to 78.5 sen, Green Packet was flat at 6.5 sen, Revenue Group fell 19 sen to 48.5 sen, and Hong Seng Consolidated shed one sen to 17 sen.

Sector-wise, the Financial Services Index soared 103.82 points to 16,424.36, the Plantation Index increased 87.27 points to 6,964.81, the Industrial Products and Services Index put on 0.44 points to 181.86, and the Energy Index slipped 7.35 points to 773.88.

 

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