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

📆 07/05/2024 12:57:00
📰 staronline

⏱ Reading Time:
43 sec. here
4 min. at publisher
📊 Quality Score:
News: 27%
Publisher: 75%

Markets News

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

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SBH Marine Holdings debuts on Bursa Malaysia ACE MarketSBH Marine Holdings Bhd has made its debut on the ACE Market of Bursa Malaysia Securities, opening at a 15.9% premium over its IPO issue price. The company raised RM39.6 million through its public issue of new ordinary shares.
Source: theSundaily - 🏆 25. / 51 Read more »