KUALA LUMPUR, April 9 ― Bursa Malaysia climbed higher in early trade today, driven by bargain hunting in blue-chip stocks ahead of a long Hari Raya holiday. At 9.15am, the...
At 9.15am, the FTSE Bursa Malaysia KLCI added 1.59 points to 1,561.57 from yesterday's close of 1,559.98. — Picture by Azneal IshakKUALA LUMPUR, April 9 ― Bursa Malaysia climbed higher in early trade today, driven by bargain hunting in blue-chip stocks ahead of a long Hari Raya holiday.
“The FBM KLCI maintained its uptrend yesterday, closing near the 1,560 level, a year-to-date high. We expect the index to hover within the 1,555-1,565 range today,” he told Bernama.Thong noted that Wall Street closed flat overnight amid a choppy session as traders remained sidelined ahead of the March US consumer price index and jobs data to be released this Wednesday and Thursday, respectively.
Among the heavyweight counters, Public Bank added 1.0 sen to RM4.25, Petronas Chemical grew 5.0 sen to RM6.84 and Maybank was flat at RM9.69. CIMB Group dropped 2.0 sen to RM6.62 and Tenaga Nasional added 2 sen to RM11.46.
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