KUALA LUMPUR, May 10 — Bursa Malaysia ended mixed today with the FTSE Bursa Malaysia KLCI (FBM KLCI) snapping three consecutive days of losses to rise by 0.35 per cent, as bargain hunting emerged in telecommunications and banking heavyweights, a dealer said. On the broader market, however, losers...
KUALA LUMPUR, May 10 — Bursa Malaysia ended mixed today with the FTSE Bursa Malaysia KLCI snapping three consecutive days of losses to rise by 0.35 per cent, as bargain hunting emerged in telecommunications and banking heavyweights, a dealer said.
Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said investors remained in cautious mode with most regional key indices ending in the negative territory as sentiment was affected by the sharp decline on Wall Street overnight. Among the heavyweights, Maybank was flat at RM9, Public Bank gained eight sen to RM4.64, IHH Healthcare rose seven sen to RM6.43, while Petronas Chemicals lost 11 sen to RM9.89, and CIMB Group eased two sen to RM5.08.
Sector-wise, the Financial Services Index improved 52.40 points to 16,660.44, while the Industrial Products and Services Index was 3.03 points lower at 197.16, and the Plantation Index gave up 105.33 points to 8,146.10.
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