KUALA LUMPUR: Share prices on Bursa Malaysia closed broadly higher today, boosted by renewed buying support seen across the board in tandem with the better showing on regional peers. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) moved in the positive territory throughout the day, closing 10.09 points higher to 1,792.79 from yesterday’s close of 1,782.7. Malaysian Association of Technical Analysts President Nik Ihsan Raja Abdullah said Bursa Malaysia rebounded from yesterday’s downtrend as positive sentiment emerged and consistently fuelled demand in the market. “Bursa Malaysia experienced correction yesterday following the year-end window dressing. Buying momentum on Bursa Malaysia was stronger, reflected by a higher turnover of 5.11 billion shares worth RM3.68 billion compared with 3.14 billion shares valued at RM2.77 billion yesterday.
Source: New Strait Times January 03, 2018 10:30 UTC