Bursa Malaysia hits all-time high market capitalisation of more than RM2 trillion

📆 07/05/2024 06:57 a. m.
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Bursa Malaysia,Market Capitalisation

Two people were dead and 21 wounded after a man went on a stabbing spree at a hospital in southwest China on Tuesday, local officials said.

KUALA LUMPUR: Bursa Malaysia today hits a new record of more than RM2 trillion in equities market capitalisation.

The local exchange via X said that the benchmark index, FTSE Bursa Malaysia KLCI , also soared past 1,600 points for the first time in two years this morning."With over 1,000 public-listed companies , we are well-positioned to reach greater heights,” it said. At 5 pm, the FBM KLCI increased 0.52 per cent or 8.29 points to 1,605.68 from Monday’s close of 1,597.39, making this the highest level for the key index since April 2022.

The barometer index, which opened 3.46 points higher at 1,600.85, moved between 1,600.66 in the early session and a high of 1,610.32 during the afternoon session. Among the heavyweights, Maybank and Public Bank each rose one sen to RM9.84 and RM4.21, CIMB added six sen to RM6.81, Tenaga Nasional increased 10 sen to RM12.48, and IHH Healthcare also perked up one sen to RM6.31. - Bernama

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