Bursa Malaysia erases early gains to end mixed, as property, construction, healthcare stocks attract buying interest
However, the broader market was mixed to higher, with gainers leading decliners by 565 to 438 while 502 counters remained unchanged, 961 untraded, and 14 suspended. “This potential crossover is often interpreted as an early indication that the ongoing bearish trend may be losing momentum, with a possible increase in buying interest.
“Market volatility continues to be elevated, driven by global factors such as Nvidia’s upcoming earnings report, China’s loan prime rate, and Eurozone inflation figures. These events could significantly shift investor sentiment in either direction,” he said.