Bursa Rebounds as Bank Negara Maintains OPR at 1.75%

BY Contributor - Focus Malaysia

Updated 06 May 2021

Bursa rebounds as Bank Negara maintains OPR at 1.75%

By Bernama

BURSA Malaysia finished at its intra-day high recently with the benchmark composite index rising 0.17% as investors’ optimism was uplifted by Bank Negara Malaysia’s (BNM) move to maintain the overnight policy rate (OPR).

What's covered in this article?

At 5 pm, 6th May 2021, the FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded 2.66 points to close at 1,578.33 from Wednesday’s close of 1,575.67.

The barometer index opened 3.58 points weaker at 1,572.09 and moved between 1,556.0 and 1,578.33 throughout the day.

However, market breadth remained negative with losers outnumbering gainers 772 to 369, while 399 counters were unchanged, 616 untraded and 15 others suspended.

Total volume fell to 6.20 billion shares worth RM4.6 billion (bn) from 7.37 billion shares worth RM4.24 bn on 5th May 2021.

*This article was first published on Focus Malaysia.

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