Bursa Malaysia retreats within a minute of trading | Malay Mail

Overall market breadth was negative with losers leading gainers 293 to 213, while 324 counters were unchanged, 1,323 untraded and five others suspended. — Bernama picKUALA LUMPUR, May 3 — Bursa Malaysia retreated within a minute of trading, driven by emerging profit-taking across the heavyweights after recent gains, dealers said.

“With the rising Covid-19 infections, investors may focus on essential consumers, packaging, healthcare related stocks. The research house expects elevated metal-related price may provide buying momentum into industrial products companies at least for the near term. Public Bank eased one sen to RM4.14, CIMB Group fell four sen to RM4.10 and Genting deducted 16 sen to RM4.82.

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