Finance heavyweights, tech mid-caps boost Bursa Malaysia at close | Malay Mail

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KUALA LUMPUR, Sept 2 — Persistent buying in finance-related heavyweights and mid-capitalisation stocks pushed the FBM KLCI higher at close today, signalling improved economic recovery and institutional and retail investors gaining their momentum. At close today, the benchmark FTSE Bursa Malaysia...

Wednesday, 02 Sep 2020 06:29 PM MYT

The country’s biggest bank, Maybank, which topped the Bursa Malaysia composite index with a weightage of 10.69 points followed by Public Bank with 8.24 points, helped boost the index today, contributing 3.77 points to the CI.Meanwhile, Hong Leong Bank, which recently announced that the Employees Provident Fund had acquired more shares in the group, rose 20 sen to RM14.86.

Total volume rose to 11.59 billion shares valued at RM5.35 billion from 10.38 billion shares valued at RM5.59 billion. He, however, said that although the economy is recovering, it is too early to say that the pandemic pain is behind the country. On the index board, the FBM Emas Index rose 99.90 points to 11,174.36, the FBMT 100 Index jumped 97.06 points to 10,966.51, and the FBM 70 added 62.14 points to 14,823.46.

 

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