KUALA LUMPUR, July 9 ― Shares on Bursa Malaysia remained in positive territory at mid-morning, supported by buying interest in the banking sector. At 11am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.14 points to 1,575.68 from yesterday’s close of 1,583.50. The index opened...
At 11am, the benchmark FTSE Bursa Malaysia KLCI rose 2.14 points to 1,575.68 from yesterday’s close of 1,583.50. — Picture by Firdaus Latif
At 11am, the benchmark FTSE Bursa Malaysia KLCI rose 2.14 points to 1,575.68 from yesterday’s close of 1,583.50.Overall market breadth was positive as gainers surpassed losers 482 to 361, while 403 counters were unchanged, 688 untraded and 26 others suspended.In a note today, Malacca Securities Sdn Bhd said the prevailing low interest rate environment enticed investors to look into other asset classes ― including the equities market ― in search for higher yields.
Among heavyweights, Maybank added four sen to RM7.95, Public Bank rose 28 sen to RM18.28, Tenaga shed four sen to RM11.52, Hartalega eased two sen to RM16.40 and Top Glove slipped six sen to RM20.48.
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.
Bursa Malaysia stays in positive territory at mid-morning | Malay MailKUALA LUMPUR, July 7 ― Shares on Bursa Malaysia remained in positive territory at mid-morning, supported by buying interest in the finance and healthcare sectors. Public Bank, Top Glove, Hartalega and Maybank were the main contributors to the barometer index. At 11am, the benchmark FTSE Bursa...
Read more »
Bursa Malaysia stays higher at mid-morning | Malay MailKUALA LUMPUR, July 8 ― Shares on Bursa Malaysia remained higher at mid-morning, supported by buying interest in heavyweight stocks led by the finance sectors. Public Bank and Maybank were the main contributors to the barometer index. At 11am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was...
Read more »
Bursa Malaysia snaps six-day winning streak | Malay MailKUALA LUMPUR, July 7 — Bursa Malaysia snapped a six-day winning streak today by ending 0.65 per cent lower, in tandem with the performance of its regional peers. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 10.18 points to finish at 1,566.72 from yesterday’s close of...
Read more »
Retail investors return stronger to Bursa Malaysia | Malay MailKUALA LUMPUR, July 7 — The local stock market saw higher participation from retail investors recently compared to a year ago, according to Bursa Malaysia Bhd chief executive officer (CEO) Datuk Muhamad Umar Swift. He said, there is a significant increase in the participation of retail...
Read more »
Declines in PLCs’ earnings need to be addressed, says Bursa Malaysia chief | Malay MailKUALA LUMPUR, July 7 ― Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar has stressed on the need to address the issue of declining Public Listed Companies’ (PLC) earnings, which experienced a drop of 5.4 per cent between 2015 and 2019. “Although Malaysia stands out as one of the economic...
Read more »
Bursa Malaysia opens lower but rebounds thereafter | Malay MailKUALA LUMPUR, July 8 ― Bursa Malaysia opened lower today in extending yesterday’s losses but rebound thereafter despite the weaker overnight performance of US stocks. Wall Street snapped its 5-days winning streak to end sharply lower amid concerns over the economic, public health and the policy...
Read more »