Bargain hunting pushes Bursa Malaysia to end mixed, KLCI up marginally

KUALA LUMPUR (May 10): Bursa Malaysia ended mixed on Tuesday (May 10) with the FTSE Bursa Malaysia KLCI (FBM KLCI) snapping three consecutive days of losses to rise by 0.35%, as bargain hunting emerged in telecommunications and banking heavyweights, a dealer said. Total turnover declined to 2.75 billion units worth RM2.25 billion from 3.22 billion units worth RM2.03 billion on Monday. The Main Market volume declined to 1.98 billion shares worth RM2.08 billion from 2.4 billion shares worth RM1.9 billion on Monday. Warrants turnover improved to 352.23 million units valued at RM61.16 million from 207.99 million units valued at RM21.89 million on Monday. The ACE Market volume shrank to 415.82 million shares worth RM113.96 million versus 613.79 million shares worth RM107.08 million previously.