Domestic market remains little changed amid uncertainty

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At 9.05am, the FBM KLCI was up 0.95 point to 1,452.43.

There were 118 decliners compared with 97 gainers.According to Malacca Securities Research, the local bourse may see further volatility amid the quarter-end rebalancing activities."Meanwhile, traders may focus on the healthcare sector due to the rising daily Covid-19 cases.

"Also, there might be some trading interest within the poultry related stocks as the government set higher ceiling price for chicken," said the research firm. Among the leading poultry players, Leong Hup was up 0.5 sen to 52.5 sen and QL Resources rose two sen to RM5.37. However, the country's financial services sector continued to see volatility with Maybank falling five sen to RM8.60, Public Bank dipping one sen to RM4.41, CIMB rising two sen to RM4.97 and Hong Leong Bank remaining untraded.

 

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