KUALA LUMPUR: Bursa Malaysia closed marginally higher today on increased equities demand, after being in the red throughout the day, dealers said.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) closed 1.12 points higher at 1,846.39 from 1,845.27 at Thursday's close.
After opening 1.79 points weaker at 1,843.48 this morning, the index moved between 1,838.4 and 1,851.75 throughout the day.
Kenanga Research, in a note, said the outlook for the index remained seemingly weak in the short-term as key indicators continued to be indecisive, coupled with tepid trading volumes.
The research firm said key support would be at 1,840-level, with a break below to see a lower support at 1,800-level.
Market breadth was negative as losers led gainers 504 to 382 with 441 counters unchanged, 567 untraded and 30 others suspended.
Volume rose to 2.87 billion units worth RM4.2 billion from 2.87 billion units worth RM2.46 billion on Thursday.
Among heavyweights, Maybank declined four sen to RM10.32, while Public Bank and Tenaga rose two sen each to RM23.02 and RM15.68, respectively.
Meanwhile, CIMB and Petronas Chemicals were flat at RM7.22 and RM8.15, respectively.
Of the active counters, Sapura Energy, Sumatec Resources, Mah Sing and UMW Oil & Gas Corp decreased one sen each to 48 sen, six sen, RM1.05 and 31 sen, respectively.
Meanwhile, Nexgram Holdings and SKH Consortium were flat at five sen and 8.5 sen, respectively.