The benchmark FTSE Bursa Malaysia KLCI closed 6.02 points higher at 1,680.54 compared with yesterday’s close of 1,674.52. — Picture Ahmad Zamzahuri
The benchmark index opened 0.07 of-a-point higher at 1,674.59 and moved between 1,672.60 and 1,683.25 throughout the day. “However, we also see that there were some profit-taking starting in these second and third liners,” he told Bernama.“For instance, Top Glove, which hit a record high of RM5.21 in February, today went as low as RM4.30 before rebounding to RM4.57, a decline of about 16 per cent. Hence investors are taking chances to invest,” he added.
Among other heavyweights, PBBank and Tenaga added four sen to RM24.48 and RM12.68 respectively, Maybank shed two sen to RM9.47 while PChem was flat at RM9.25. The FBM Emas Index firmed up 47.98 points to 11,759.18, the FBMT 100 rose 46.98 points to 11,602.72, the FBM Emas Shariah Index was 54.66 points higher at 11,748.08, the FBM Ace Index advanced 38.9 points to 4,834.45 and the FBM 70 was up 79.86 points at 14,209.07.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Finance Finance Latest News, Finance Finance Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bursa Malaysia, Maybank co-host Invest Malaysia 2019 | Malay MailKUALA LUMPUR, March 13 — Bursa Malaysia and Malayan Banking Bhd (Maybank) will co-host the 15th edition of Invest Malaysia 2019, which is expected to attract over 1,000 local and foreign fund managers with total estimated asset under management of US$20.16 trillion (RM 82.44 trillion). This...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia reverses losses to close higher | Malay MailKUALA LUMPUR, March 12 — A rally on the Dow Jones Industrial Average prompted bullish performances across global stock markets today, including Bursa Malaysia, which reversed its losses from yesterday, with the benchmark FTSE Bursa Malaysia KLCI index gaining 6.65 points to 1,671.28. The index...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia lower at opening | Malay MailKUALA LUMPUR, March 11 — Stocks in Bursa Malaysia opened slightly lower today as concerns over faltering global growth heightened. Public Investment Bank Bhd in a note said the US jobs data had significantly missed its forecasts, adding to the trend of weak global...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia closes at intra-day day low on weak market sentiment | Malay MailKUALA LUMPUR, March 11 — Lack of positive domestic catalyst and looming concern over economic growth affected the performance of stock markets, including Bursa Malaysia, which ended at an intra-day low of 1,664.63, down 15.27 points or 0.91 per cent today against Friday’s close of 1679.90....
Source: malaymail - 🏆 1. / 86 Read more »