KL shares end higher amid cautious regional sentiment

SHARES on Bursa Malaysia finished the first trading day of February in positive territory as bargain hunting emerged following the sell-down on Tuesday despite a cautious market undertone in the region, a dealer said.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.3 points to 1,489.80 from Tuesday’s close of 1,485.50.

The key index opened 3.32 points stronger at 1,488.82 and moved between 1,485.90 and 1,493.21 throughout the session.

Market breadth was positive with gainers outpacing losers 681 to 341, while 371 counters were unchanged, 780 untraded and 11 others suspended.