BURSA MALAYSIA ENDS HIGHER
KUALA LUMPUR, Feb 17 -- Bursa Malaysia ended higher today as investor
confidence was lifted following the better-than-expected gross domestic product
(GDP) data released yesterday, said a dealer.
Bank Negara Malaysia yesterday announced that Malaysia's GDP grew by 4.5 per
cent in the fourth quarter of 2016 (4Q16), underpinned by continued expansion in
private sector expenditure, leading to a full year growth of 4.2 per cent.
At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) increased 0.09 of
a point to end at 1,707.68 from Thursday's close of 1,707.59.
After opening 1.78 points lower at 1,705.81, the index moved between
1,705.79 and 1,711.75 throughout the day.
However, losers led gainers 431 to 427, with 378 counters unchanged, 485
untraded and 23 others suspended.
Volume was higher at 2.27 billion shares worth RM2.46 billion from 2.1
billion shares worth RM2.35 billion on Thursday.
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