Improved market undertone to spur Bursa, says analyst

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Benchmark index expected to hover within the 1,450-1,460 range today.

Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the improving market undertone should spur the local bourse today and he expected the benchmark index to hover within the 1,450-1,460 range.

Of the actives, CN Asia was 1 sen higher at 19.5 sen, Kinergy gained 0.5 sen to 33.5 sen, Ranhill improved by 6.5 sen to 85 sen and SMTrack was flat at 4.5 sen.

 

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