KUALA LUMPUR, Nov 3 ― Bursa Malaysia extended yesterday's gains to open higher today, taking the cue from the overnight Wall Street which stretched its rally, powered by gains in the technology and healthcare sectors, dealers said. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose...
KUALA LUMPUR, Nov 3 ― Bursa Malaysia extended yesterday's gains to open higher today, taking the cue from the overnight Wall Street which stretched its rally, powered by gains in the technology and healthcare sectors, dealers said.
“All in all, the negative earnings impact could be lesser than expected, hence, bargain-hunting activities have emerged. Commodity-wise, the crude palm oil price managed to maintain its trading range of between RM4,800 and RM5,000, while Brent oil is still hovering above US$84. Among the heavyweights, Maybank added four sen to RM8.03, Public Bank and Tenaga improved two sen each to RM4.06 and RM9.62, respectively, Petronas Chemicals gained five sen to RM8.33 and IHH Healthcare rose 13 sen to RM6.59.
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