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Bursa Malaysia opens slightly higher | Malay Mail

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KUALA LUMPUR, Sept 6 — Bursa Malaysia opened slightly higher today despite a flat performance on Wall Street on Friday and weakened US Treasury yields. Investors were digesting a much-weaker-than-expected US jobs report for the world’s largest economy, which added 235,000 jobs in August, far...

KUALA LUMPUR, Sept 6 — Bursa Malaysia opened slightly higher today despite a flat performance on Wall Street on Friday and weakened US Treasury yields.

From a technical perspective, after a jump of 99.4 points or 6.7 per cent in four weeks, the composite index would probably extend its consolidation pattern with a slight downward bias ahead, it said. “Still, we expect the recovery tone for the economic activities to pick up with the decent vaccination rate at this juncture,” it noted.

 

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