Market sentiment fuelled by hopes of more stimulus measures from China, says analyst.
KUALA LUMPUR: Bursa Malaysia rebounded from yesterday’s losses to close higher today, as regional sentiment turned positive on hopes of more stimulus measures from China.
On the broader market, gainers outpaced decliners 535 to 505, while 388 counters were unchanged, 951 untraded and 71 others suspended. Of the actives, Iskandar Waterfront City went up 10 sen to 76 sen, Ekovest edged up 0.5 sen to 50 sen, and Eastern & Oriental was four sen higher at 63.5 sen. RGB International dropped 0.5 sen to 30.5 sen and Parkson was 6.5 sen weaker at 25 sen.
Sector-wise, the financial services index jumped 137.24 points to 16,328.73, the industrial products and services index was higher by 1.88 points to 172.78 and the energy index fell 4.46 points to 832.31. The plantation index shed 7.58 points to 6,941.5.
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