KUALA LUMPUR: The FBM KLCI rebounded 0.58% today after seeing a sell down yesterday, mirroring the gains on regional markets.
At closing, the benchmark index advanced 9.13 points, or 0.58% to 1,582.64 after moving between 1,586.26 and 1,576.33. It opened 6.46 points higher at 1,579.97.
Gainers beat decliners on a ratio of 787-to-354 stocks. The local bourse saw a total of 7.92 billion shares worth RM3.71bil.
Dealers said bargain hunting activities emerged on Bursa Malaysia after a heavy selldown yesterday. They added that it was natural to see some bargain hunting coming in after the slump in prices.
Significant advancers on the broader market include Vitrox, Nestle, F&N, Rapid and MPI. Vitrox jumped 74 sen to RM15.68, Nestle added 50 sen to RM135.50, F&N rose 44 sen to RM30.44 and Rapid climbed 39 sen to RM7.90.