Bursa stages rebound to close at intra-day high on late bargain-hunting

KUALA LUMPUR: Late bargain hunting of consumer-related stocks pushed Bursa Malaysia to close at its intraday high on Wednesday, allowing the market to recover losses in the previous two sessions.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) bounced 10.39 points, or 0.68 per cent, to close at an intra-day high of 1,529.79 from yesterday’s close of 1,519.40.