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Bargain-hunting lifts Bursa Malaysia higher at opening | Money

Thursday, 25 Feb 2021 10:05 AM MYT
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 8.96 points, or 0.58 per cent, to 1,566.51 from 1,557.55 at yesterday’s close. Picture by Azneal Ishak
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KUALA LUMPUR, Feb 25 ― Bursa Malaysia rebounded from yesterday’s losses to open higher today, as buyers emerged to buy on weakness after the benchmark index declined by almost 2.0 per cent on a week-on-week basis.
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 8.96 points, or 0.58 per cent, to 1,566.51 from 1,557.55 at yesterday’s close.
The key index opened 9.35 points firmer at 1,566.90. ....

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Bursa Malaysia's KLCI breaches 1,580-point level at close as investors regain confidence | Money

Bursa Malaysia's KLCI breaches 1,580-point level at close as investors regain confidence | Money
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KLCI breaches 1,580-point level at close as investors regain confidence

25 Feb 2021 / 20:41 H.
KUALA
LUMPUR: Bursa Malaysia’s key index breached the resistance level of 1,580 at the close as investors regained confidence following the official start of the National Covid-19 Immunisation Programme on Wednesday.
At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) surged 23.99 points, or 1.54 per cent, to 1,581.54 from 1,557.55 at Wednesday’s closing.
The key index opened 9.35 points firmer at 1,566.90 and hovered between 1,565.77 and 1,587.11 throughout the day.
Market breadth was positive with gainers outpacing losers 857 to 402, while 411 counters were unchanged, 528 untraded and 71 others suspended.
Total volume was lower at 10.44 billion units worth RM6.57 billion compared with 12.70 billion units worth RM7.01 billion on Wednesday. ....

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Bursa Malaysia extends gains at mid-morning | Money

KUALA LUMPUR, Feb 25 ― Bursa Malaysia extended its gains at mid-morning, but healthcare counters, including heavyweights glove makers continued to suffer from selling pressure following the start of the National Covid-19 Immunisation Programme in the the country. At 11.05am, the benchmark FTSE. ....

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KLCI slips below 1,600 level as impact of expanded MCO weighs on sentiment

KUALA LUMPUR (Jan 21): The main index at Bursa Malaysia reversed its earlier gains and slipped to below the 1,600-point level at the midday break today as investors digested the impact of the expanded movement control order (MCO) restrictions, against the backdrop of firm regional markets.
At 12.30pm, the FBM KLCI dipped 3.37 points to 1,598.17. The index had earlier risen to a high of 1,615.22.
Losers led gainers by 471 to 239, while 751 counters traded unchanged. Trading volume was 3.85 billion shares valued at RM2.19 billion.
The top losers included Euro Holdings Bhd, Cymao Holdings Bhd, KESM Industries Bhd, PPB Group Bhd, PM Technology Bhd, Petronas Chemicals Group Bhd, Time dotCom Bhd, Genetec Technology Bhd and GHL Systems Bhd. ....

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