KUALA LUMPUR, June 17 — Bursa Malaysia ended higher today on improved buying momentum and in line with regional markets. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.61 points or 0.57 per cent to end the day at 1,526.32 from Tuesday’s close of 1,517.71. The index opened 10.27 points...
An investor monitors the stock prices in the gallery of the RHB Investment Bank Bhd headquarters in Kuala Lumpur March 17, 2020. ― Picture by Hari Anggara
The index opened 10.27 points higher at 1,527.98 and hovered between 1,510.71 and 1,528.63 throughout the trading session. AxiCorp chief global market strategist Stephen Innes said there were concerns on the resurgence of Covid-19 but the market will look through those unless it becomes an unlikely super spreader as it is very unlikely there will be a secondary global lockdown given the financial devastation from the first phase.
Of the most active, MTouche bagged one sen to eight sen, KNM went up 1.5 sen to 24.5 sen, Netx and Lambo were flat at one sen and two sen respectively, AT Systematization discounted 1.5 sen to 13 sen and Ucrest declined four sen to 17 sen. Sector-wise, the Industrial Products and Services Index inched up 0.36 point to 136.13, the Plantation Index went up 28.01 points to 6,775.04 and the Financial Services Index jumped 137.33 points to 13,218.45.
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