KUALA LUMPUR, Aug 5 ― Bursa Malaysia opened higher today, continuing yesterday's bargain hunting on selected stocks while tracking the uptrend in the overnight US stock markets. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) marginally rose 0.13 of-a-point to 1,576.07 from 1,576.07...
Wednesday, 05 Aug 2020 10:05 AM MYT
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI marginally rose 0.13 of-a-point to 1,576.07 from 1,576.07 at yesterday's close.Market breadth was positive, with gainers leading losers 364 to 121, while 286 counters were unchanged, 1,192 untraded and 16 others suspended.The Dow Jones Industrial Average rose 0.6 per cent, mainly driven by Apple, coupled with the ongoing negotiation on the stimulus package offsetting the rising US-China tension.
It also said while technology and healthcare sector continues its upbeat momentum, commodity players under the plantation and energy sector could also be in the focus, with crude palm oil prices rising towards RM2,800 per tonne, while crude oil prices hovers near five-months high. Of the most actives, Hubline reduced one sen to eight sen. AT gave up half-a-sen to 10 sen, while Compugates increased one sen to three sen.
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