KUALA LUMPUR, June 2 — Bursa Malaysia reversed its path from an earlier downtrend to end the morning session higher, as it emulated the regional indices trajectory, said dealers. At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) garnered 3.07 points to 1,493.21 from 1,490.14 at...
At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI garnered 3.07 points to 1,493.21 from 1,490.14 at Monday’s close. — Picture by Azneal Ishak
At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI garnered 3.07 points to 1,493.21 from 1,490.14 at Monday’s close. Malacca Securities Sdn Bhd said that the 1,500 psychological level would likely be re-tested as investors continue to cheer on the gradual re-opening of the economy across the globe. “We expect the oil and gas stocks to garner some limelight as Brent oil prices finished at its highest level in two months,” the research house said in a note today.Regionally, Japan’s Nikkei Index improved 0.93 per cent to 22,268.4, Hong Kong’s Hang Seng Index added 3.36 per cent to 23,732.52 and Singapore’s Straits Times Index grew 1.2 per cent to 2,581.5.
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