Bursa closes higher as Bank Negara stands pat on OPR

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Bursa closes higher as Bank Negara stands pat on OPR
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KUALA LUMPUR, Jan 19 — Bursa Malaysia rebounded from yesterday’s losses to end slightly higher today, supported by positive local sentiment following Bank Negara Malaysia’s...

KUALA LUMPUR, Jan 19 — Bursa Malaysia rebounded from yesterday’s losses to end slightly higher today, supported by positive local sentiment following Bank Negara Malaysia’s decision to maintain the overnight policy rate , dealers said.

Turnover dropped to 2.50 billion units worth RM1.90 billion against Wednesday's 2.70 billion units worth RM2.0 billion. “Nonetheless, China stocks maintained their uptrend boosted by optimism over a Chinese economic recovery this year,” he told Bernama today. Hong Kong's Hang Seng Index declined 0.12 per cent to 21,650.98, China’s SSE Composite Index rose by 0.49 per cent to 3,240.28 and South Korea’s Kospi added 0.51 per cent to 2,380.34. Singapore's Straits Times Index slipped 0.44 per cent to 3,275.24 while Japan’s Nikkei 225 went down 1.44 per cent to 26,405.23.

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Bank Negara maintains OPR at 2.75% | The Malaysian InsightBank Negara maintains OPR at 2.75% | The Malaysian InsightCentral bank says keeping rate at current level allows it to assess impact of past adjustments.
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OPR kekal, Bursa Malaysia ditutup tinggi, ringgit mengukuhOPR kekal, Bursa Malaysia ditutup tinggi, ringgit mengukuhRinggit juga semakin mengukuh ditutup pada 4.3020/3050 berbanding dolar Amerika Syarikat (AS) daripada penutupan Rabu pada 4.3170/3220.
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