Bursa snaps losing streak on bargain-hunting

Rakuten Trade's Thong projects the FBM KLCI would trend higher in the range of 1,585 to 1,600 for the rest of the week.

KUALA LUMPUR: Bursa Malaysia snapped seven consecutive days of losses to end higher yesterday as bargain-hunting emerged following the recent sell-off, says an analyst.

At 5pm, the FBM KLCI rose 0.35% or 5.57 points to 1,590.95 from Tuesday’s close of 1,585.38.