Bursa’s uptrend continues for fifth consecutive day

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KUALA LUMPUR (Aug 26): Bursa Malaysia maintained its uptrend for the fifth consecutive day on persistent buying momentum, supported by positive market sentiment and strong commodity and oil prices.

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At 9.09am, the benchmark FBM KLCI had risen 3.90 points to 1,573.70 from yesterday’s close at 1,569.80.

The market bellwether opened 0.92 of a point higher at 1,570.72.

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Market breadth was positive with gainers outpacing losers 246 to 181, while 290 counters were unchanged, 1,535 untraded and 23 others suspended.

Turnover stood at 313 million share worth RM159 million.-BERNAMA