Late buying interest in selected heavyweights led by Petronas Gas Bhd and Maxis Bhd lifted Bursa Malaysia to end slightly higher on Friday (Dec 24), in line with the positive performance in regional markets, dealers said.
Bursa Malaysia slightly lower at midday theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.
Bursa Malaysia succumbed to heavy selling pressure on Wednesday with the benchmark index falling below the 1,500 psychological level amid fears that the Omicron variant could possibly halt global economic recovery, said an analyst.
Bursa Malaysia ended the morning session lower with its key index declining 0.55%, weighed down by losses in selected heavyweights led by Sime Darby Plantation Bhd and CIMB Group Holdings Bhd.
KUALA LUMPUR (Oct 5): Information technology and e-commerce service provider Lambo Group Bhd has emerged as a new substantial shareholder in China-based sports footwear and apparel maker Sinaran Advance Group Bhd, formerly known as K-Star Sports Ltd, after acquiring 70.08 million shares or 9.96% of Sinaran for RM6.52 million.