Bursa Malaysia recoups earlier losses to end at intraday high | Money malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.
Saturday, 10 Jul 2021 10:07 AM MYT
During the week just ended, the equity market was traded mostly lower as fears from high infection rates kept sentiments down, with the latest number of daily cases reaching a record high of 9,180 cases on July 9. Picture by Hari Anggara
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KUALA LUMPUR, July 10 The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) is likely to trade in a tight range between 1,510 and 1,530 as investors continue to remain cautious amid the Covid-19 pandemic, despite encouraging vaccination rates.
Bank Islam Malaysia Bhd economist Adam Mohamed Rahim sees no major catalysts in the immediate term for the market.
Bursa Malaysia extends gains to end marginally higher 08 Apr 2021 / 18:36 H.
KUALA LUMPUR: Bursa Malaysia ended slightly higher today for the second day running on persistent buying support in heavyweights, led by healthcare counters.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) ended 1.81 points better at 1,602.40 compared with Wednesday’s close of 1,600.59.
The index opened 0.78 of-a-point easier at 1,599.81, and moved between 1,596.64 and 1,609.39 throughout the trading session.
On the broader market, gainers beat losers by 569 versus 504, while 482 counters were unchanged, 601 untraded, and 25 others suspended.
Total volume increased to 7.60 billion shares valued at RM4.89 billion from 6.30 billion shares valued at RM3.62 billion on Wednesday.
KUALA LUMPUR (Feb 8): The FBM KLCI ended down 5.3 points or 0.34% at 1,573.33 today on afternoon selling in an apparent response to Malaysia’s latest industrial output index (IPI) data, which saw the full-year 2020 reading declining 4.2% from a year earlier to register the first drop since 2009.
Bursa Malaysia’s Health Care index fell the most in percentage terms among exchange gauges while the Energy index was the top gainer as crude oil prices topped US$60 a barrel.
At 5pm today, the KLCI closed lower after rising to its intraday high at 1,586.06 in the morning. Apart from selling in shares of KLCI-linked rubber glove manufacturers Top Glove Corp Bhd, Hartalega Holdings Bhd and Supermax Corp Bhd, investors were also seen selling shares in other KLCI constituents including Tenaga Nasional Bhd (TNB) and Hong Leong Financial Group Bhd (HLFG).