Bursa Malaysia ends week on positive note in line with regional peers

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Bursa Malaysia News

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KUALA LUMPUR, June 28 — Bursa Malaysia ended the week on a positive tone in tandem with the upbeat performance across the region with buying mainly in telecommunications stocks....

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At 5pm, the FTSE Bursa Malaysia KLCI rose 0.33 per cent or 5.15 points to an intraday high of 1,590.09 from Thursday’s close of 1,584.94. Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the key regional indices ended mostly higher on bargain hunting. Meanwhile, UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan said the technology, healthcare, and telecommunications sectors led today’s trading.

Back home, Bursa Malaysia heavyweights Maybank was flat at RM9.96, Tenaga Nasional dropped 16 sen to RM13.78, CIMB gained three sen to RM6.80, and Public Bank and IHH Healthcare added two sen each to RM4.02 and RM6.30, respectively. Sector-wise, the Financial Services Index put on 34.41 points to 17,454.73, the Energy Index perked up 5.80 points to 955.42, the Industrial Products and Services Index edged up 0.6 of-a-point to 195.85, and the Plantation Index climbed 31.90 points to 6,982.72.

 

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