Bursa higher at mid-day
Market sentiment was positive following the revival of infrastructure projects by the government, namely the East Coast Rail Link and Bandar Malaysia. — Picture by Azneal Ishak
At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI was 0.3 per cent or 5.52 points better at 1,627.59 from Friday's close of 1,622.07. On the broader market, gainers outpaced losers 534 to 258, while 330 counters were unchanged, 792 untraded and 31 others suspended.Market sentiment was positive following the revival of infrastructure projects by the government, namely the East Coast Rail Link and Bandar Malaysia.
“This project will certainly have a significant impact on Malaysia’s economy as it would serve as a global hub to further attract high impact global finance, technology and entrepreneurial firms,” said the research firm.
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