Bursa Malaysia rebounds as KLCI gains 0.47 per cent
Advancing stocks outnumbered decliners 683 to 380, while turnover increased to RM3.10 billion.
Bargain buying helped Malaysian shares recover on Tuesday after Monday's sell-off, with the FTSE Bursa Malaysia KLCI finishing at 1,611.85. The benchmark added 7.49 points, a gain of 0.47 per cent, from its previous close of 1,604.36.
Trading volume increased to 3.37 billion units, with transactions valued at RM3.10 billion. Monday's session recorded 2.90 billion units and RM2.15 billion in value. Across the market, 683 counters advanced and 380 declined; another 571 were unchanged, while 1,259 were untraded and 52 suspended.
Among heavyweight counters, YTL Power International finished at RM5.10 after adding 14 sen, while YTL Corporation's nine-sen rise took it to RM2.05. Tenaga Nasional ended two sen higher at RM13.30. Maybank closed at RM9.99 and CIMB at RM7.11, each up one sen.
Nestle recorded the biggest gain, climbing RM4.02 to finish at RM94.28. Malaysian Pacific Industries closed at RM41.30 after advancing 72 sen, and Telekom Malaysia ended at RM8.05, up 23 sen.
On the losing side, Fraser & Neave finished at RM19.68 following a 32-sen fall. PPB Group shed 22 sen to end at RM8.80, while United Plantations closed 20 sen lower at RM29.70.
