KUALA LUMPUR, March 22 ― Bursa Malaysia opened slightly higher today, as the key index rose by 0.34 per cent due to mild buying momentum in selected heavyweights. At 9.19am,...
KUALA LUMPUR, March 22 ― Bursa Malaysia opened slightly higher today, as the key index rose by 0.34 per cent due to mild buying momentum in selected heavyweights.
In the broader market, gainers outpaced decliners 280 to 108, while 245 counters were unchanged, 1,640 untraded and seven others suspended.In a note today, Malacca Securities Sdn Bhd expects the United States Federal Reserve’s interest rate decision tonight to take the center stage and investors to remain cautious ahead of the conclusion of the meeting as aggressive rate hike or hawkish tone from the Fed is likely to hammer investors’ sentiment further.
Among the actives, Green Packet and Tanco rose one sen each to 5.5 sen and 47 sen, respectively, Top Glove edged up half-a-sen to 96.5 sen, Hong Seng Consolidated was flat at 13.5 sen and Bintai Kinden inched down half-a-sen to 7.5 sen.
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