As of 9am today, FTSE Bursa Malaysia KLCI is up 3.09 points to 1,602.28, led mainly by Public Bank, Dialog and Digi in line with US equity markets.
KUALA LUMPUR: Bursa Malaysia rebounded on early trade Friday, in line with the advance in US equity markets.
“While a positive end to the week is likely, significant gains would be elusive, with traders quick to lock-in profits,” it said in a research note. According to Malacca Securities, the overall market environment is still largely cautious amid the unresolved US-Sino trade dispute, and especially after China threatened to retaliate against US sanctions seen as an attempt to restrict international trade by Chinese technology giant, Huawei.
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