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KUALA LUMPUR (July 5): Bursa Malaysia opened marginally higher as market sentiment may be improving as five states in the country are moving into Phase 2 of the National Recovery Plan (NRP).
At 9.05am, the benchmark FBM KLCI had risen 0.24 of a point to 1,533.59 from last Friday’s close at 1,533.35.
The market bellwether opened 0.69 of a point higher at 1,534.04.
On the broader market, gainers led losers 192 to 169, while 299 counters were unchanged, 1,513 untraded and nine others suspended.
Turnover stood at 286.43 million units valued at RM124.17 billion.
On Saturday, the National Security Council announced that Kelantan, Pahang, Perak, Terengganu and Perlis had fulfilled the three indicators of the NRP and will move into Phase 2 today.
KUALA LUMPUR (June 28): Bursa Malaysia opened the new week in negative territory as sentiment was affected by the extension of the movement control order 3.0 (MCO 3.0).
At 9.05am, the benchmark FBM KLCI had slid 7.88 points to 1,551.80 from last Friday’s close at 1,559.68.
The market bellwether opened 2.22 points lower at 1,557.46.
The broader market saw losers outpacing gainers 328 to 99, while 241 counters were unchanged, 1,569 untraded and 42 others suspended.
Turnover stood at 302.25 million units valued at RM126.49 million.
Malacca Securities said the local bourse may see another round of pullback following the extension of the nationwide lockdown as daily new Covid-19 cases remained above the 4,000 mark.
Bursa Malaysia ended the morning session in the red on mild profit taking after recording modest gains at the opening following the RM40 billion PEMERKASA+ package announcement.
Bursa Malaysia rebounded from last week's losses to open firmer today as investors heaved a sigh of relief after learning that most businesses and factories are allowed to operate under the tightened movement control order (MCO 3.0).