Finance stocks lift Bursa Malaysia to end at intraday high | Malay Mail

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KUALA LUMPUR, Feb 9 — Bursa Malaysia closed at its intraday high today with the benchmark composite index rising 1.4 per cent on continuous buying support in selected financial services stocks led by Maybank and Public Bank, a dealer said. The two heavyweights contributed a combined 6.26 points...

KUALA LUMPUR, Feb 9 — Bursa Malaysia closed at its intraday high today with the benchmark composite index rising 1.4 per cent on continuous buying support in selected financial services stocks led by Maybank and Public Bank, a dealer said.At 5pm, the FTSE Bursa Malaysia KLCI surged 21.42 points to 1,551.51 from 1,530.09 at yesterday’s close.

Total turnover improved to 2.96 billion units worth RM2.52 billion against 2.85 billion units worth RM2.17 billion at yesterday’s close. “As for the local bourse, we expect the uptrend to continue due to improved market sentiment and renewed optimism,” he told Bernama. Back home, heavyweights, Maybank advanced 15 sen to RM8.50, Public Bank added nine sen to RM4.30, both CIMB and Digi improved 16 sen to RM5.40 and RM3.99, respectively, and Press Metal firmed 19 sen to RM6.49.

Sector-wise, the Financial Services Index surged 284.95 points to 16,112.73, the Plantation Index added 65.14 points to 6,683.72, and the Industrial Products and Services Index was 2.19 points better at 207.84.

 

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