KUALA LUMPUR, April 22 — Bursa Malaysia ended almost unchanged today as news on the revival of the Bandar Malaysia mega project last Friday drove optimism in the market with buying support mainly seen in construction and building materials counters, dealers said.
Market breadth was positive with 621 gainers and 322 losers, while 361 counters were unchanged, 610 untraded and 38 others suspended. “With the revival of this project, it could be the starting point of reviving other infrastructure projects. Shares of Iskandar Waterfront City today hit limit-up at the opening bell at RM1.32, gaining 30 sen or 29.41 per cent, its highest since March 2018. The counter remained limit-up throughout the day, with some 15.35 million shares traded.The most actively-traded stock, Ekovest hit limit-up at closing, soaring 44.78 per cent or 30 sen to 97 sen with 282.02 million shares changing hands.Other actively-traded stocks, Bumi Armada added 1.5 sen to 20.5 sen and Econpile increased 14.5 sen to 73 sen.
The FBM Emas Index bagged 60.14 points to 11,557.38, the FBMT100 increased 44.22 points to 11,369.10 and the FBM 70 surged 235.03 points to 14,617.54. Main Market volume jumped to 3.97 million shares worth RM3.04 billion against 1.86 million shares worth RM1.57 billion on Friday.
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