KUALA LUMPUR: Bursa Malaysia finished higher today, tracking the strong regional market performance, with buying interest mainly in banking and telecommunications stocks, ahead of the tabling of Budget 2024 tomorrow.
“Nonetheless, we recommend investors to remain vigilant ahead of the Budget 2024 announcement tomorrow,” he told Bernama. The index, which opened 1.47 points better at 1,437.96, moved between 1,437.96 and 1,446.06 throughout the day. Among the heavyweights, Maybank added nine sen to RM8.99, Public Bank went up three sen to RM4.18, CIMB put on six sen to RM5.66, Petronas Chemicals perked up four sen to RM7.27, and Tenaga Nasional inched up one sen to RM10.00.
Sector-wise, the industrial products and services index edged up 1.83 points to 174.04, the financial services index expanded 97.97 points to 16,278.52, while the plantation index lost 26.87 points to 6,846.77 and the energy index slid 3.06 points to 875.45.