Bursa Malaysia stays in negative territory at mid-morning | Malay Mail

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Bursa Malaysia stays in negative territory at mid-morning | Malay Mail
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KUALA LUMPUR, April 4 — Bursa Malaysia remained in negative territory at mid-morning, trading in a cautious mode with mild profit-taking in selected heavyweights At 11.08am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.13 points lower at 1,598.28 from 1,602.41 at Friday’s close. The...

KUALA LUMPUR, April 4 — Bursa Malaysia remained in negative territory at mid-morning, trading in a cautious mode with mild profit-taking in selected heavyweights

It said the crude oil price settled at below the US$110 per barrel mark after a truce in the Middle East conflict eased potential supply concerns, while the International Energy Agency members have agreed to join the United States on a new release of oil from emergency reserves. “We also noticed buying support in the glove manufacturers, and investors may look into them for longer term investing mode,” it added.

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