11 September 2019
He said oil and gas-related counters staged a strong performance in tandem with the strength shown in global oil prices. Furthermore, the government are also seeking fiscal space to prioritise sustainable economic growth by not introducing new tax measures in the upcoming 2020 Budget. “Additionally, the Chinese government has announced the exemption of certain products imported from the US.
The FBM Emas Index edged up 50.07 points to 11,291.86, the FBMT100 Index was 47.21 points stronger at 11,127.81 and the FBM Emas Shariah Index edged up 70.72 points to 11,817.15.Sector-wise, the Financial Services Index gained 44.40 points to 15,561.10, the Plantation Index inched up 18.53 points to 6,845.74 and the Industrial Products and Services Index was 1.95 points better at 150.99.