Monday, 06 Apr 2020 08:18 PM MYTKUALA LUMPUR, April 6 — Bursa Malaysia closed higher today as the government unveiled a special stimulus package worth RM10 billion aimed at small and medium enterprises to soften the impact of the Movement Control Order due to the COVID-19 pandemic .
Market breadth was positive, with gainers thumping losers 738 to 183, while 281 counters were unchanged, 719 untraded and 21 others suspended. Commenting on the initiative, Bank Islam chief economist Dr Mohd Afzanizam Abdul Rashid said it would help to alleviate the financial burden of those affected by the MCO.
Petronas Dagangan and Sime Darby Plantation were among the top losers on the local bourse after falling by 40 sen to RM20.10 and 12 sen to RM4.65, respectively. Hibiscus Energy rose six sen to 51 sen, Sapura Energy ticked up one sen to 10.5 sen while Bumi Armada was one sen better at 17.5 sen.
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