KUALA LUMPUR, July 2 — Bursa Malaysia rallied today to close almost at its intra-day high, as translated in exports due to the gradual reopening of economic sectors. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 21.85 points or 1.44 per cent to end the day at 1,536.28 from yesterday’s...
The benchmark FTSE Bursa Malaysia KLCI rose 21.85 points or 1.44 per cent to end the day at 1,536.28 from yesterday’s close of 1,514.43. ― Picture by Hari Anggara
The index opened 0.35 point stronger at 1,514.78 and moved between 1,513.21 and 1,536.36 during the day. MIDF Amanah said in a note today: “Given that approximately 80 per cent of our exports are manufactured goods, with the movement control order being lifted in stages, allowing more businesses to resume operations, we foresee June’s improved performance as the beginning of the recovery phase post-pandemic.”
Of the most active, AT Systematization broadened half-a-sen to 10.5 sen while its warrant was flat at 4.5 sen, Iris Corp grew half-a-sen to 19.5 sen, PDZ accrued two sen to seven sen, while VSolar eased half-a-sen to eight sen. Sector-wise, the Industrial Products and Services Index edged up 3.19 points to 137.77, the Financial Services Index augmented 204.6 points to 12,959.11 and the Plantation Index extended 76.73 points to 6,829.13.
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