Bursa Malaysia ends at intraday high amid upbeat regional market performance

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KUALA LUMPUR, Sept 1 — Bursa Malaysia ended higher today in sync with regional bourses’ upbeat performance as market sentiment turned positive and fuelled investors’ risk...

KUALA LUMPUR, Sept 1 — Bursa Malaysia ended higher today in sync with regional bourses’ upbeat performance as market sentiment turned positive and fuelled investors’ risk appetite.

On the broader market, gainers outpaced decliners 567 to 424, while 398 counters unchanged, 937 untraded and 33 others suspended. “Key regional markets were mostly in the green as China’s manufacturing sector saw growth in August, accompanied by a central bank decision to reduce reserve requirements aimed at economic stimulation.

Of the actives, Ekovest edged up 2.5 sen to 56.5 sen, Malaysian Resources Corporation rose 4.5 sen to 49.5 sen, Jaks Resources increased 3.5 sen to 23.5 sen, Sapura Energy improved half-a-sen to 5.5 sen, and Top Glove slid 2.5 sen to 74 sen. The Main Market volume slipped to 3.72 billion units worth RM2.84 billion from Wednesday’s 3.82 billion units worth RM4.48 billion.

 

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