Plantation stocks lift Bursa Malaysia at the close | Malay Mail

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Plantation stocks lift Bursa Malaysia at the close

At 5pm, the FTSE Bursa Malaysia KLCI rose 4.17 points or 0.25 per cent to the day’s high of 1,656.58 compared with 1,652.41 July 24, 2019. — Picture by Azneal Ishak

The index opened 1.33 points higher at 1,653.74 and moved between 1,650.32 and 1,656.58 during the day. Head of research at Inter-Pacific Securities, Pong Teng Siew, said CPO prices have improved after trading on a downtrend. Pong, however, said on the broader market, the local bourse and regional equity markets were still trading on a cautious mode as investors awaited the outcome of the European Central Bank’s monetary policy meeting today.

The FBM Emas Index rose 6.78 points to 11,763.32, the FBMT 100 Index advanced 9.52 points to 11,585.90 and the FBM Emas Shariah Index gained 4.78 points to 12,138.04.Sector-wise, the Financial Services Index edged up 11.82 points to 16,431.69, the Industrial Products and Services Index added 1.82 points to 156.21 and the Plantation Index was 41.69 points higher at 6,846.60.

 

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Bursa Malaysia lower at mid-day on cautious market sentiment | Malay MailKUALA LUMPUR, July 25 ― Shares on Bursa Malaysia were lower at mid-day on cautious market sentiment, as it dismissed a tech-fuelled overnight rally on Wall Street and coupled with soft economic data in Europe.  At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 0.53 point to 1651.88...
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