Bursa Malaysia ends higher on persistent buying, upbeat Chinese data | Malay Mail

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KUALA LUMPUR, July 13 — Bursa Malaysia closed higher today on persistent buying support led by technology stocks and in line with the better performance by regional peers following upbeat China economic data. At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.44 per cent or 6.67...

KUALA LUMPUR, July 13 — Bursa Malaysia closed higher today on persistent buying support led by technology stocks and in line with the better performance by regional peers following upbeat China economic data.

On the broader market, gainers outpaced losers 506 to 415, while 476 counters were unchanged, 831 untraded, and nine others suspended. “The daily Covid-19 vaccination rate which is also a record at 421,479 doses yesterday is positive for Malaysia to achieve herd immunity before the end of this year,” he told Bernama.

“This has boosted sentiment as some concerns arose on port closures in China and other supply chain bottlenecks in June,” he said. Of the actives, Pasukhas gained four sen to 33 sen and Vsolar was unchanged at 1.5 sen, while Pelikan added 8.5 sen to 48 sen. ACE Market debutant Ramssol Group bagged six sen to 51 sen.

 

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