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HomeMalaysia NewsSharp increase in Bursa Malaysia As Investors Reacted Positively On Budget 2021

Sharp increase in Bursa Malaysia As Investors Reacted Positively On Budget 2021

Kuala Lumpur: Bursa Malaysia bars hit higher after investors reacted positively to the Budget 2021, which prioritize to boost the economy.

The benchmark index FTSE Bursa Malaysia KLCI increased from 9.1 points to 1,528.74 after it opened 1.99 points better at 1,521.63 at 9.23 am.

The gainers were trying to overpass losers 524 to 209, with 334 counters unchanged, 1,081 untraded and 32 others suspended. Altogether, the market was bullish, with a total volume worth RM727.69 million.

Rubber glove manufacturers Hartalega and Top Glove were among the top gainers, followed by FBM 70 soared 100.83 points to 14,617.63 and FBM ACE jumped 183.24 points to 11,157.15.

AT Systematization bagged two sen to 15 sen, Pegasus added one sen to three sen, Lambo inched up half-a-sen to 3.5 sen, were some of the actives.

The Financial Services Index soared 48.28 points to 12,342.74, the Industrial Products and Services Index gained 0.69 of-a-point to 150.48 and the Plantation Index improved 12.01 points to 7,135.39. 

Meanwhile, Maybank, Public Bank, Tenaga and Petronas Chemicals bars were going flat.