News Formal

Buying opportunities may emerge in construction stocks, says analyst

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Sentiment on local bourse to remain cautious amid heightening volatility mainly from the US.

KUALA LUMPUR: Bursa Malaysia opened slightly higher today as investors took a cue from the choppy trading session on Wall Street overnight due to disappointing earnings from Alphabet amid increasing US bond yields, said a dealer.

Hence, he expects the index to hover within the 1,440 to 1,450 range today. “Yesterday’s decline amongst the construction players may present some buying opportunities today,” he added. Of the actives, CSH Alliance, KNM, and Leform rose 0.5 sen each to 6.5 sen, 10.5 sen, and 24.5 sen, respectively. Meta Bright added 1 sen to 26.5 sen while Tanco was flat at 57.5 sen.

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:

 /  🏆 5. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Market sentiment still pessimistic, says analystBenchmark index expected to maintain sideways pattern.
Source: fmtoday - 🏆 5. / 72 Read more »

Asian stocks bounce on China’s US$137bil spending plansSentiment got a boost from Central Huijin’s ETF purchase, a move that sparked strong rallies in the past.
Source: fmtoday - 🏆 5. / 72 Read more »