Bursa Malaysia higher at lunch break, tracking rise in global stocks | Malay Mail

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KUALA LUMPUR, Feb 2 — Bursa Malaysia ended the morning trading session on a positive note, tracking the rise in the global stock markets. Besides that, investors are slowly gaining confidence on renewed hopes for a US stimulus deal, coupled with the progress on Covid-19 vaccinations. Most major...

Tuesday, 02 Feb 2021 01:28 PM MYT

KUALA LUMPUR, Feb 2 — Bursa Malaysia ended the morning trading session on a positive note, tracking the rise in the global stock markets. At lunch break, the benchmark FTSE Bursa Malaysia KLCI rose 12.29 points or 0.78 per cent to 1,578.69 after moving between 1,574.89 and 1,585.18 throughout the session.On the broader market, however, losers powered gainers 539 to 528, while 423 counters were unchanged, 630 untraded and 12 others suspended.A dealer opined that signs of progress towards a fresh US stimulus deal announced by President Joe Biden and expanding vaccination programmes have boosted sentiment.

Plantation-linked counters like KLK, IOI and Sime Darby Plantation saw their shares up by 46 sen, three sen and five sen to RM23.70, RM4.25 and RM4.90, respectively.

 

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