Bursa rises slightly; LGMS debuts on ACE Market

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At 9.04am, the index rose 5.84 points, or 0.38% to 1,531.77.

There were 193 gainers against 188 decliners while 234 trade unchanged.

Rakuten Trade Sdn Bhd said Wall Street rose for a second day, climbing to session highs in the last hour of trading amid a broad-based rally. “Reflecting the rally on Wall Street, we reckon the index to possibly trend higher today as regional performance is expected to see an upswing. Thus, we believe the index to hover within the 1,520-1,540 range today.Mercury Securities expects the Malaysian equities to trade sideways absent any new major catalysts.

 

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