KUALA LUMPUR: Bursa Malaysia ended higher yesterday on bargain hunting following the recent sell-off, ahead of Bank Negara Malaysia’s overnight policy rate (OPR) decision today.
At 5pm, the FBM KLCI rose 8.20 points to 1,708.74, compared with Tuesday’s close of 1,700.54.
The benchmark index opened 0.42 of a point better at 1,700.96 and fluctuated between 1,695.89 and 1,709.71 throughout the day.
On the broader market, losers trounced gainers 746 to 424, while 554 counters were unchanged, 1,048 untraded and 17 suspended.
Turnover declined to 4.20 billion units valued at RM3.52bil from 5.52 billion units valued at RM4.42 bil.
The Monetary Policy Committee is set to meet today with market consensus expecting the OPR to remain unchanged at 2.75% for the rest of 2026. — Bernama
