KUALA LUMPUR, April 23 — Bursa Malaysia extended yesterday’s upswing to open higher today in line with most Asian markets, spurred by overnight gains on the Wall Street and positive investors’ reactions on earnings reports as well as signs of the easing of Covid-19 outbreak. At 9.15am, key...
Market breadth was bullish with losers thumped gainers 401 to only 63, while 164 counters were unchanged, 1,283 untraded and 19 others suspended. — Bernama pic
“Even with the continuing cautiousness, the key index managed to stage a decent recovery to erased all of its’ intraday losses yesterday. We see the recovery continuing to allow the key index march higher over the near term,” it said in a research note today. Moving forward, the research firm said that the lower liners and broader market shares should also be heading higher in tandem with the improved market sentiments.
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