Bursa Malaysia kicked off on a positive note on Friday (Feb 25), mirroring Wall Street’s better performance overnight amid the ongoing crisis in Ukraine and supported by the belief that the US Federal Reserve may not be too aggressive in its tapering, a dealer said.
Bursa Malaysia ended the first trading week of 2022 on a firm note, with gains recorded across the board on continuous buying support for small capitalisation stocks and selected heavyweights, dealers said.
Bursa Malaysia snapped a six-day winning streak to close lower on Thursday (Dec 30), taking cues from the mixed global market performance amid moderate profit-taking activities.
Bursa Malaysia ended Wednesday's morning trading session higher, supported by continued buying in selected heavyweights led by the consumer products and services counters, dealers said.
Bursa Malaysia ended higher on Wednesday (Dec 22) on buying support in selected heavyweights led by Malayan Banking Bhd (Maybank) and Top Glove Corp Bhd, in line with positive performance in regional markets, on favourable outlook of the global economic recovery.