KUALA LUMPUR, June 10 ― Bursa Malaysia ended the morning session marginally higher after trading in a range-bound mode, as investors’ risk appetite was capped by the rise in Covid-19 fatalities and daily infections in the country. At lunch break, the benchmark FTSE Bursa Malaysia KLCI (FBM...
KUALA LUMPUR, June 10 ― Bursa Malaysia ended the morning session marginally higher after trading in a range-bound mode, as investors’ risk appetite was capped by the rise in Covid-19 fatalities and daily infections in the country.
Rakuten Trade Sdn Bhd said the market undertone is expected to remain weak amidst the unrelenting Covid-19 daily tally.“Meanwhile, the premium for the takeover of IJM Plantations by Kuala Lumpur Kepong Bhd may be a good indication that the prevailing elevated crude palm oil prices may be here to stay,” it said in a note today.
Among the actives, Vsolar and XOX were flat at two sen and five sen, respectively, while Managepay eased 2.5 sen to 24 sen. On the index board, the FBM Emas Index increased 19.45 points to 11,546.06, the FBMT 100 Index climbed 19.15 points to 11,233.73, while the FBM ACE went down 7.62 points to 7,660.19.
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