Bursa Malaysia closed higher today on good buying momentum as investors found bargains in heavyweight counters despite some profit taking ahead of the extended weekend.
At 5pm, the FBM KLCI rose 5.85 points or 0.39 per cent to 1,522.66 after opening 1.33 points higher at 1,518.14.
A dealer said sentiment was boosted by bullish regional performance following overnight gains on Wall Street and solid demand for Spanish and French bond auctions.
"Despite the long break, investors were willing to take more risk as they were upbeat of the year of dragon as today was the last trading day for the year of rabbit," he added.
The market will be closed on Monday and Tuesday for the Chinese New Year celebrations.
The Finance Index advanced 59.58 points to 13,473.27 and the Plantation Index jumped 81.20 points to 8,586.91 but the Industrial Index declined 2.04 points to 2,771.75.
The FBM Emas increased 47.02 points to 10,526.88, the FBM Mid 70 perked up 66.26 points to 11,893.15 and the FBM ACE was up 30.47 points to 4,367.73.
Some 1.65 billion shares worth RM1.49 billion changed hands compared with 1.94 billion shares worth RM1.62 billion yesterday with gainers overwhelming losers 512 to 249. - Bernama
At 5pm, the FBM KLCI rose 5.85 points or 0.39 per cent to 1,522.66 after opening 1.33 points higher at 1,518.14.
A dealer said sentiment was boosted by bullish regional performance following overnight gains on Wall Street and solid demand for Spanish and French bond auctions.
"Despite the long break, investors were willing to take more risk as they were upbeat of the year of dragon as today was the last trading day for the year of rabbit," he added.
The market will be closed on Monday and Tuesday for the Chinese New Year celebrations.
The Finance Index advanced 59.58 points to 13,473.27 and the Plantation Index jumped 81.20 points to 8,586.91 but the Industrial Index declined 2.04 points to 2,771.75.
The FBM Emas increased 47.02 points to 10,526.88, the FBM Mid 70 perked up 66.26 points to 11,893.15 and the FBM ACE was up 30.47 points to 4,367.73.
Some 1.65 billion shares worth RM1.49 billion changed hands compared with 1.94 billion shares worth RM1.62 billion yesterday with gainers overwhelming losers 512 to 249. - Bernama
