PETALING JAYA: The FTSE Bursa Malaysia KL Composite Index soared nearly 20 points to breach the 1,480 level yesterday, reversing Tuesday's 13-point loss as markets rebounded amid nascent signs of a recovery in the United States and eurozone.
The local bourse added 1.35% to 1,484.98 points, bolstered by blue chips including Tenaga Nasional Bhd
, Malayan Banking Bhd and Genting Bhd. Gainers surpassed losers 405 to 307 while 336 counters traded unchanged. Turnover was RM1.32bil on volume of 1.65 billion shares.
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