KUALA LUMPUR, Jan 21 ― Bursa Malaysia is expected to be muted in the upcoming holiday-shortened trading week despite the FTSE Bursa Malaysia KLCI (FBM KLCI) finally breaking...
KUALA LUMPUR, Jan 21 ― Bursa Malaysia is expected to be muted in the upcoming holiday-shortened trading week despite the FTSE Bursa Malaysia KLCI finally breaking the stubborn 1,500 resistance yesterday, dealers said.
“Regionally, key indices showed some resilience despite a selloff on Wall Street overnight. China and Hong Kong stocks have picked up strength as the People’s Bank of China kept its monetary policy unchanged. “As expected, the central bank maintained the OPR at 2.75 per cent, hence signaling more funds may start to look at the stock market,” he said.
Meanwhile, the FBM ACE Index increased 100.60 points to 5,556.08 and the FBM 70 Index rose 125.98 points to 13,506.65. The Main Market volume shrank to 8.87 billion shares valued at RM7.42 billion from 10.35 billion shares valued at RM8.25 billion a week ago.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
OPR 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.
Read more »
Bursa closes higher as Bank Negara stands pat on OPRKUALA 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...
Read more »