Bursa Malaysia ends higher
Bursa Malaysia closed higher today with the key index ending off its intraday high. — Picture by Hari Anggara
The index opened 0.13 of-a-point higher at 1,599.32, its intraday low, and moved to as high as 1,610.96 during the day. Inter-Pacific Securities Sdn Bhd head of research Pong Teng Siew said looking at the thin trading volume, most investors were on the sidelines while some others continued to sell to lock profits.
Overall, most Asia markets were in the red on worries the US ban on Huawei will escalate tension between the two economic powerhouses. The FBM Emas Index advanced 36.67 points to 11,300.05, the FBMT 100 was 39.68 points better at 11,136.80 and the FBM 70 climbed 36.62 points to 13,855.32. Main Market volume declined to 1.09 billion shares worth RM1.30 billion from 1.16 billion shares worth RM1.54 billion yesterday.
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