AdvertisementAdvertisement KUALA LUMPUR, Oct 13 — Bursa Malaysia ended mixed as investors remained cautious while digesting Budget 2024 announcements. At 5pm, the FTSE...
KUALA LUMPUR, Oct 13 — Bursa Malaysia ended mixed as investors remained cautious while digesting Budget 2024 announcements.
Turnover decreased to 3.22 billion units worth RM1.80 billion from 3.38 billion units worth RM2.03 billion on Thursday.Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said he expects the medium-term outlook for Malaysian equities will remain stable, supported by attractive valuations, stronger corporate earnings and improving economic conditions.Among the heavyweights, Petronas Chemicals rose eight sen to RM7.35, Tenaga Nasional edged up two sen to RM10.
Sector-wise, the Industrial Products Services Index edged up 0.40 of-a-point to 174.44, the Plantation Index perked 15.96 points to 6,862.73 and the Energy Index was 1.91 points higher at 877.36, while the Financial Services Index decreased 14.34 points to 16,264.18.
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