KUALA LUMPUR, March 22 — Bursa Malaysia ended mixed today with the barometer index easing 0.08 per cent after going through a choppy trading day, with buying interests spotted mainly in plantation and oil and gas counters, while the broader market was slightly positive on mild buying support.
On the broader market, gainers outnumbered losers 504 to 403, while 441 counters were unchanged, 965 untraded, and 24 others suspended. “The FBM KLCI has been in a consolidation mode since the middle of March as investors were wary of the heightened regional volatility and geopolitical tensions between Russia and Ukraine. We reckon that investor sentiment will remain cautious over the short term, hence, we expect the FBM KLCI to move in a narrow range and hover at the 1,575-1,595 range for the remainder of the week,” he told Bernama.
Meanwhile, Bursa Malaysia heavyweights Maybank decreased two sen to RM8.83, Public Bank and IHH Healthcare were down one sen each to RM4.62 and RM6.51, respectively, CIMB erased five sen to RM5.30, while Petronas Chemicals rose 18 sen to RM9.58. On the index board, the FBM Emas Index went up 14.48 points to 11,302.28, FBM Emas Shariah Index gained 29.15 points to 11,914.16, FBM 70 added 87.70 points to 13,537.09, FBMT 100 Index advanced 9.31 points to 10,998.34, and the FBM ACE was 21.83 points better at 5,435.41.