Bursa Malaysia ends higher at midday on strong buying interest

17/5/2022 8:14:00 AM

Noon Market: Bursa Malaysia ends higher at midday on strong buying interest - Bernama

Noon Market: Bursa Malaysia ends higher at midday on strong buying interest - Bernama

KUALA LUMPUR (May 17): Bursa Malaysia stayed in positive territory at midday on continued buying in selected heavyweights, led by industrial products and services and plantation counters.At lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 6.53 points to 1,550.94 from Friday’s close of 1,544.41. The index opened 11.27 points higher at 1,555.68 and moved between 1,548.02 and 1,558.11 throughout the morning session.On the broader market, gainers led losers 430 to 429, while 385 counters were unchanged, 1,011 untraded

A KUALA LUMPUR (May 17): Bursa Malaysia stayed in positive territory at midday on continued buying in selected heavyweights, led by industrial products and services and plantation counters.Telegram channel for the latest updates.A KUALA LUMPUR (May 17): Bursa Malaysia opened higher on Tuesday (May 17) on buying interest following the positive gross domestic product data for the first quarter of 2022 despite mixed sentiment on Wall Street last Friday.Telegram channel for the latest updates.

At lunch break, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 6.53 points to 1,550.At 9.94 from Friday’s close of 1,544.93 points to 1,553.41.93 points to 1,553.The index opened 11.34 from Friday’s close of 1,544.

27 points higher at 1,555.41.The index opened 11.68 and moved between 1,548.02 and 1,558.27 points higher at 1,555.11 throughout the morning session.On the broader market, gainers led losers 191 to 145, while 257 counters were unchanged, 1,662 untraded and 10 others suspended.On the broader market, gainers led losers 430 to 429, while 385 counters were unchanged, 1,011 untraded and 10 others suspended.On the broader market, gainers led losers 191 to 145, while 257 counters were unchanged, 1,662 untraded and 10 others suspended.On the broader market, gainers led losers 191 to 145, while 257 counters were unchanged, 1,662 untraded and 10 others suspended.

Total turnover stood at 3.06 billion units worth RM1.04 million shares worth RM128.47 million.25 billion.The better performance on the local bourse was also in line with regional peers.Malacca Securities Sdn Bhd expects bargain-hunting activities to emerge within the recovery-themed and plantation sectors ahead of the reporting season.Singapore’s Straits Times rose 0.“We reckon the economic improvement should spur further buying interest in the recovery-themed sectors such as consumers and banking.

39% to 3,203.“Meanwhile, the higher crude oil price, which was trading above the US$110 per barrel, may boost the energy sector,” it said in a research note today.7, China’s Shanghai Stock Exchange added 0.29% to 3,082.0 per cent in Q1 2022, supported by increases in both domestic and external demand, as well as labour market recovery.66, Japan’s Nikkei bagged 0.33% to 26,633.Among the heavyweights, Maybank eased six sen to RM8.Among the heavyweights, Maybank eased six sen to RM8.

53, Hong Kong’s Hang Seng gained 2.23% to 20,395.55 and RM5.66 and South Korea’s Kospi increased 0.85% to 2,618.38 and IHH Healthcare added one sen to RM6.62.45.

Rakuten Trade Sdn Bhd equity research vice president Thong Pak Leng said the index is expected to remain within a narrow range of between 1,540 and 1,550 on Tuesday, as sentiments are still cautious.Of the actives, Sapura Energy increased 1.Meanwhile, news that Germany may ditch the imports of Russian oil had pushed the Brent crude price to above the US$114 per barrel, he told Bernama.Among the heavyweights, Malayan Banking Bhd eased one sen to RM8.41, while CSH Allaince was flat at 11.95, while Public Bank Bhd and CIMB Group Holdings Bhd rose three sen each to RM4.56 and RM5.Nestle stood as the top gainers, expanding RM2 to RM133.Nestle stood as the top gainers, expanding RM2 to RM133.

07 respectively.Petronas Chemicals Group Bhd gained seven sen to RM10.36, Harrison Holdings adding 31 sen to RM5.06, and IHH Healthcare Bhd increased four sen to RM6.48.27, and Petron Malaysia strengthening 24 sen to RM6.Among the actives, Sapura Energy Bhd increased 3.26.

5 sen to eight sen, Serba Dinamik Holdings Bhd rose seven sen to 19 sen, KNM Group Bhd gained 1.On the index board, FBM ACE fell 13.5 sen to 19 sen, Hibiscus Petroleum Bhd was 11 sen higher at RM1.46, while Yong Tai Bhd fell one sen to 10 sen.35, FBM Emas Index advanced 56.As for the top gainers, Nestle (Malaysia) Bhd jumped RM2.30 to RM133.37, FBMT 100 Index firmed 54.37, FBMT 100 Index firmed 54.

80, Hong Leong Financial Group Bhd and Petron Malaysia Refining & Marketing Bhd improved 42 sen each to RM19.30 and RM6.65, FBM Emas Shariah Index widened 95.44 respectively, Hengyuan Refining Company Bhd lifted 36 sen to RM7.34, and Harrison Holdings (Malaysia) Bhd added 31 sen to RM5.11, and FBM 70 added 36.98.02 points to 13,092.

On the index board, the FBM ACE fell 41.63.09 points to 5,301.54, the FBM Emas Index advanced 54.50 points to 16,499.87 points to 11,065.67, and the FBMT 100 Index firmed 48.02 points higher at 199.02 points higher at 199.

06 points to 10,735.32.05 points to 8,277.Meanwhile, the FBM Emas Shariah Index gained 74.24 points to 11,542.― Bernama You May Also Like.65, and the FBM 70 added 70.

4 points to 13,127.01.Sector-wise, the Financial Services Index rose 37.24 points to 16,571.61, the Industrial Products and Services Index was 2.

64 points higher at 199.43, and the Plantation Index climbed 59.15 points to 8,238.43.Subscribe to Mid-day email alert We deliver news to your inbox daily.

Read more:
The Edge Malaysia »
Loading news...
Failed to load news.

Bursa Malaysia opens higher on buying interest | Malay MailKUALA LUMPUR, May 17 ― Bursa Malaysia opened higher today on buying interest following the positive gross domestic product (GDP) in the first quarter of 2022 (Q1 2022), despite mixed sentiment on Wall Street last Friday. At 9.06am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.93...

Bursa opens higher on buying interestKUALA LUMPUR (May 17): Bursa Malaysia opened higher on Tuesday (May 17) on buying interest following the positive gross domestic product data for the first quarter of 2022 despite mixed sentiment on Wall Street last Friday.At 9.06am, the benchmark FBM KLCI had risen 8.93 points to 1,553.34 from last Friday’s close at 1,544.41.The index opened 11.27 points higher at 1,555.68.On the broader market, gainers led losers 191 to 145, while 257 counters were unchanged, 1,662 untraded and 10 others suspended.Total turnover

Bursa Malaysia opens higher on buying interest | Malay MailKUALA LUMPUR, May 17 ― Bursa Malaysia opened higher today on buying interest following the positive gross domestic product (GDP) in the first quarter of 2022 (Q1 2022), despite mixed sentiment on Wall Street last Friday. At 9.06am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 8.93...

Bursa opens higher on buying interestKUALA LUMPUR (May 17): Bursa Malaysia opened higher on Tuesday (May 17) on buying interest following the positive gross domestic product data for the first quarter of 2022 despite mixed sentiment on Wall Street last Friday.At 9.06am, the benchmark FBM KLCI had risen 8.93 points to 1,553.34 from last Friday’s close at 1,544.41.The index opened 11.27 points higher at 1,555.68.On the broader market, gainers led losers 191 to 145, while 257 counters were unchanged, 1,662 untraded and 10 others suspended.Total turnover

OPR hike won’t affect property market too much, say analysts | The Malaysian InsightHomebuyers must choose higher prices in future or higher interest rates now.

SEA Games: Malaysia adds three gold, but ends day in fifth place | Malay MailHANOI, May 16 — The national contingent added three gold medals on the eighth day of the 31st SEA Games through bodybuilding, gymnastics and golf. However, this was not enough to keep pace with the competition, as the Malaysian camp came down a rung to fifth...