KUALA LUMPUR, April 29 — Bursa Malaysia recorded strong gains during the morning trading session, driven by the resumption of activities in several economic sectors after more than 40 days of the Movement Control Order (MCO). At lunch break, key index FTSE Bursa...
Bursa Malaysia recorded strong gains during the morning trading session. ― Picture by Hari Anggara
On the overall market performance, gainers surpassed losers 530 to 203, while 332 counters were unchanged, 838 untraded and 71 others suspended. “Since the MCO started, the country had lost nearly RM100 billion due to business suspensions. Coupled with the troubling oil price, government’s revenue has dropped drastically.
“This has restored almost two million jobs that was previously hanging by a thread due to the MCO, which was implemented to curb the spread of Covid-19,” she said. Top gainers include KLK which rose 40 sen to RM20.70, while sin counters Heineken and Carlsberg both rose by 34 and 30 sen each to RM23.90 and RM20.08, respectively.
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