KUALA LUMPUR, Aug 13 — Bursa Malaysia rebounded from yesterday’s losses to open higher, driven by renewed buying interest amidst mixed sentiment on the domestic economic outlook, dealers said. At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,505.05 from...
KUALA LUMPUR, Aug 13 — Bursa Malaysia rebounded from yesterday’s losses to open higher, driven by renewed buying interest amidst mixed sentiment on the domestic economic outlook, dealers said.
“Additionally, with the rising metal prices, investors are likely to focus on building material sectors, especially in the aluminium companies today,” it said. “On the local bourse, investors may continue to monitor the 1,500 level, with next resistance envisaged at 1,520, while the support is set around 1,480-1,500,” it added.
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