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KLCI breaches 1,580-point level at close as investors regain confidence

25 Feb 2021 / 20:41 H. KUALA LUMPUR: Bursa Malaysia’s key index breached the resistance level of 1,580 at the close as investors regained confidence following the official start of the National Covid-19 Immunisation Programme on Wednesday. At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) surged 23.99 points, or 1.54 per cent, to 1,581.54 from 1,557.55 at Wednesday’s closing. The key index opened 9.35 points firmer at 1,566.90 and hovered between 1,565.77 and 1,587.11 throughout the day. Market breadth was positive with gainers outpacing losers 857 to 402, while 411 counters were unchanged, 528 untraded and 71 others suspended. Total volume was lower at 10.44 billion units worth RM6.57 billion compared with 12.70 billion units worth RM7.01 billion on Wednesday.

Bursa Malaysia extends gains at mid-morning | Money

KUALA LUMPUR, Feb 25 ― Bursa Malaysia extended its gains at mid-morning, but healthcare counters, including heavyweights glove makers continued to suffer from selling pressure following the start of the National Covid-19 Immunisation Programme in the the country. At 11.05am, the benchmark FTSE.

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