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Malaysia: Shares open higher on Thursday

MALAYSIA share prices opened higher on Thursday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 8.85 points, or 0.55 per cent, to 1,610.39 as at 9.04am. Read more at The Business Times.

Biden swearing-in lifts regional indexes, STI breaches 3,000 mark

SINGAPORE - Global equity markets cheered the swearing-in of United States President Joe Biden, as many key regional indexes ended trading on Thursday (Jan 21) with gains. Singapore s benchmark Straits Times Index (STI) breached the 3,000 mark and closed at 3,017.15 points, up 18.38 points or 0.61 per cent. Oceanus Group s shares traded at a volume of 583.5 million, accounting for about 16 per cent of the total trades on the market, making it the most active counter. The share price, however, had a bumpy ride, as it surged 8.2 per cent within an hour of the opening bell. The bourse operator fired a query to the watch-listed seafood and fast-moving consumer goods value chain manager. But the counter did not manage to sustain the momentum and closed 4.08 per cent lower instead at S$0.047.

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