Bursa Malaysia gains modest 1.33 points on opening as US stocks recover from Monday’s rout

  • 📰 malaymail
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 86%

Bursa Malaysia Opening News

Business Business Latest News,Business Business Headlines

KUALA LUMPUR, Aug 7 — Bursa Malaysia’s barometer index opened higher for the second consecutive day, driven by Wall Street’s recovery following broad-based buying after a...

As Greater KL’s population hits 8.8 million and counting, minister flags challenges, says pressure now on DBKL for proactive city planning

At 9.05am, the FTSE Bursa Malaysia KLCI appreciated 1.33 points or 0.84 per cent to 1,575.72 from yesterday’s close of 1,574.39. The index had initially opened 1.73 points higher at 1,576.12. At the same time, he said confidence is fragile due to concerns over China’s growth and the lack of easing catalysts.

For today, he expects trading to remain cautious, with the index hovering within the 1,570-1,580 range. Active counters saw mixed results. Cape EMS shed three sen to 37.5 sen, CN Asia slid one sen to 6.5 sen, while MQ Technology and Ekovest were unchanged at one sen and 37.5 sen, respectively. Top Glove firmed 1.5 sen to 93 sen.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines