Bursa posts highest ever trading value

This was achieved as the FBM KLCI staged a steady rebound after the Government unveiled more solid measures to strengthen the economy. At 5pm, the index was up 21.34 points or 1.24% to 1,740.62.

PETALING JAYA: Bursa Malaysia recorded the highest ever trading value at more than RM9bil yesterday.

This was achieved as the FBM KLCI staged a steady rebound after the Government unveiled more solid measures to strengthen the economy.

At 5pm, the index was up 21.34 points or 1.24% to 1,740.62.

However, it managed to only recoup about one-third of the losses it had chalked up after falling more than 56 points the previous day amid a broader selloff.

Turnover was 4.61 billion shares valued at RM9.26bil – the highest since the RM7.31bil recorded on May 14, when the equities and financial markets resumed trading after the Pakatan Harapan coalition swept to power.

The broader market was firmer yesterday with 581 gainers and 409 losers while 373 counters were unchanged.