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Bursa Malaysia ends higher as US interest rate cut lifts regional sentiment

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Publish date: Thu, 19 Sep 2024, 06:12 PM

BURSA Malaysia ended higher on Thursday on persistent buying interest as the US Federal Reserve’s (Fed) interest rate cut by half a percentage point lifted regional market sentiment.

The FTSE Bursa Malaysia KLCI (FBM KLCI) rose by 5.06 points, or 0.3 per cent, to 1,665.65 at the close.

It opened 2.68 points higher at 1,663.27 and moved between 1,657.13 and 1,665.84 throughout the day.

Gainers trounced decliners in the broader market 898 to 322 while 392 counters were unchanged, 893 untraded and 10 suspended. – Sept 19, 2024

 

https://focusmalaysia.my/bursa-malaysia-ends-higher-as-us-interest-rate-cut-lifts-regional-sentiment/

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