KUALA LUMPUR: Last minute buying interest pushed shares prices on Bursa Malaysia into the positive territory at close on Thursday, with consumer stocks leading the top gainer’s list.
However, overall market sentiment remained cautious as investors are waiting for the upcoming speeches by the world’s top central bankers.
The FBM KLCI rose 2.56 points or 0.14% to close at 1,775.50. The market traded within a range of 7.24 points between an intra-day high of 1,775.76 and a low of 1,768.52 during the session.
In the broader market, there were 433 stocks advancing against 414 stocks declining while 366 counters unchanged. About 2.13 billion shares, valued at RM1.97bil, changed hands.
Local institutions were net buyers at RM98.2mil while foreign funds were net sellers at RM85.1mil and local reltailers at RM13.1mil.