BURSA Malaysia ended the week on a higher note buoyed by optimism surrounding Budget 2025 and widespread buying across the board, according to an analyst.

At 5pm, the FBM KLCI advanced 4.55 points or 0.27% to 1,645.99 from Thursday’s (Oct 17) close of 1,641.44.

The benchmark index which opened 1.85 points higher at 1,643.29 moved between 1,641.71 and 1,649.31 throughout the trading session.

Market breadth was positive with advancers outpacing decliners 598 to 396 while 556 counters remained unchanged, 942 untraded and 19 suspended.

Turnover narrowed to 2.52 billion shares worth RM2.16 bil versus 2.68 bil shares valued at RM2.45 bil on Thursday (Oct 17). – Oct 18, 2024

https://focusmalaysia.my/bursa-malaysia-ends-higher-on-budget-2025-optimism/