Bursa Malaysia recovers from early losses to close marginally lower amid global market sell-off

  • 📰 malaymail
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 86%

Bursa Malaysia News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

KUALA LUMPUR, Dec 16 — Bursa Malaysia pared earlier losses to end marginally lower today on late buying, mirroring the global sell-off that weighed on key regional markets, said...

Malaysia Airlines expands services with 112 additional red-eye flights to and from Sabah, Sarawak for peak travel period from Dec 19 to Jan 1; fixed fares for Chinese New Year

Market breadth was also negative as losers overwhelmed gainers 624 to 335, while 472 counters were unchanged, 1,044 untraded and 16 suspended. On the home front, he said Malaysian equities continue to provide investment opportunities driven by their undervalued status, stronger corporate earnings and improved economic conditions.

This was underpinned by market optimism over the possibility of an interest rate cut by the US Federal Open Market Committee , which would be favourable for the technology sector. As for the most active stocks, MYEG bagged 1.5 sen to 96 sen, JCY added 3.0 to 51.5 sen, Top Glove declined 6.0 sen to RM1.35, and Supermax increased 1.0 sen to RM1.11.On the index board, the FBM Emas Index gave up 27.89 points to 12,329.18, the FBM Emas Shariah Index fell by 18.05 points to 12,354.14, and the FBM ACE Index shed 1.84 points to 5,308.32.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Solitario expands global presence with new lab-grown store in Kuala Lumpur, enters Malaysia marketSolitario blings better with its global expansion into South-east Asia This is Solitario’s first store in Kuala Lumpur, offering ethical brilliance with cutting-edge design...
Source: malaymail - 🏆 1. / 86 Read more »