Bursa Malaysia opened on a higher note today, in line with positive development of global stocks on better economic forecast.
“The good times for equities are back as a political shift in the US has subsided as president-elect Joe Biden has made his Treasury Department’s nomination of Janet Yellen to the post which indicates his policy preferences,“ she said. “Asian shares opened with gains and futures on the S&P 500 Index pushed higher after the index closed at an all-time high and the Dow Jones Industrial Average topped 30,000 for the first time,“ it said.
On Bursa Malaysia, heavyweights Public Bank added 30 sen to RM18.68, Telekom Malaysia rose 18 sen to RM4.78, Maybank inched up five sen to RM8.18, and Press Metal added 10 sen to RM6.20.
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