Wednesday, 02 Jun 2021 10:00 AM MYT
Market breadth was positive with gainers leading losers 236 to 119, while 213 counters were unchanged, 1,566 untraded and 11 others suspended. Picture by Firdaus Latif
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KUALA LUMPUR, June 2 Shares on Bursa Malaysia were higher at opening on Wednesday with finance and healthcare stocks becoming the contributor, thanks to the recent stimulus package by the government that helped boost investors’ sentiment.
At 9.03am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) added 2.53 points, or 0.16 per cent, to 1,588.43 from 1,585.90 at Tuesday’s close.
The index opened 0.43 points lower at 1,585.47.
KUALA LUMPUR, May 31 Bursa Malaysia opened the week in the red across the board on cautious market sentiment ahead of the total lockdown nationwide beginning tomorrow on the back of higher Covid-19 cases. At 9.02am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) erased 23.64 points, or 1.48.
Bursa bounces from three-month low after Malaysia resists full lockdown Azanis Shahila Aman
KUALA LUMPUR: Malaysia s stock exchange yesterday climbed from a three-month low and a 30-point loss since early this month after the government resisted imposing a full lockdown to avoid derailing a nascent recovery in the economy.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 9.65 points or 0.62 per cent to end at 1,571.82 today from 1,562.17 at last Friday s close.
At 9.06am, FBM KLCI was up 3.34 points, or 0.21 per cent, and continued climbing until mid-morning, gaining 12.89 points or 0.83 per cent higher to 1,575.06.
Bank Islam Malaysia Bhd economist Adam Mohamed Rahim said a full lockdown would affect the nation s growth trajectory.
The FBM KLCI staged a relief rally today, breaking a three-day losing streak. The benchmark index climbed 9.65 points or 0.62% to close at 1,571.82, as investors look for oversold counters following the recent sell-down.
Bursa Malaysia ended the morning session in positive territory as investors revisited the local equity market after full lockdown fears ease. At 12.30pm, benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) climbed 11.24 points, or 0.72% to 1,573.41 from 1,562.17 at last Friday's close.