Bursa Malaysia ends higher on bargain hunting | Malay Mail

17/5/2022 3:10:00 PM

Bursa Malaysia ends higher on bargain hunting | Malay Mail

Bursa Malaysia

Bursa Malaysia ends higher on bargain hunting | Malay Mail

KUALA LUMPUR, May 17 — Bursa Malaysia ended higher today as bargain hunting emerged in selected heavyweights, led by the industrial products and services and plantation counters. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.19 points to 1,548.60 from Friday’s close of 1,544.41. Bursa...

channel for the latest updates.KUALA LUMPUR, May 17 — Bursa Malaysia ended higher today as bargain hunting emerged in selected heavyweights, led by the industrial products and services and plantation counters.At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.19 points to 1,548.60 from Friday’s close of 1,544.41.

Bursa Malaysia and its subsidiaries were closed on Monday for the Wesak Day replacement holiday.The benchmark index, which opened 11.27 points higher at 1,555.68, moved steadily between 1,548.02 and 1,558.11 throughout the day.On the broader market, gainers surpassed decliners 575 to 424, while 408 counters were unchanged, 848 untraded and 10 others suspended.

Read more:
Malay Mail »

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 Malaysia stays higher at mid-afternoon | Malay MailKUALA LUMPUR, May 17 ― Bursa Malaysia remained higher at mid-afternoon, buoyed by continuous buying interest in selected heavyweights led by industrial products and services as well as plantation counters. At 3pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 8.56 points to 1,552.97...

Bursa Malaysia ends higher on bargain huntingKUALA LUMPUR (May 17): Bursa Malaysia ended higher on Tuesday (May 17) as bargain hunting emerged in selected heavyweights, led by the industrial products and services and plantation counters.At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.19 points to 1,548.6 from Friday's close of 1,544.41. Bursa Malaysia and its subsidiaries were closed on Monday for the Wesak Day replacement holiday.The benchmark index, which opened 11.27 points higher at 1,555.68, moved steadily between 1,548.02 and 1,558.11 throughout the day.On

Bursa Malaysia ends higher at midday on strong buying interestKUALA 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

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 ends higher on bargain huntingKUALA LUMPUR (May 17): Bursa Malaysia ended higher on Tuesday (May 17) as bargain hunting emerged in selected heavyweights, led by the industrial products and services and plantation counters.At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.19 points to 1,548.6 from Friday's close of 1,544.41. Bursa Malaysia and its subsidiaries were closed on Monday for the Wesak Day replacement holiday.The benchmark index, which opened 11.27 points higher at 1,555.68, moved steadily between 1,548.02 and 1,558.11 throughout the day.On

Telegram channel for the latest updates.Telegram channel for the latest updates.Telegram channel for the latest updates.A KUALA LUMPUR (May 17): Bursa Malaysia ended higher on Tuesday (May 17) as bargain hunting emerged in selected heavyweights, led by the industrial products and services and plantation counters.

KUALA LUMPUR, May 17 — Bursa Malaysia ended higher today as bargain hunting emerged in selected heavyweights, led by the industrial products and services and plantation counters. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4. At 9.19 points to 1,548.56 points to 1,552.60 from Friday’s close of 1,544.93 points to 1,553.41. Bursa Malaysia and its subsidiaries were closed on Monday for the Wesak Day replacement holiday.

Bursa Malaysia and its subsidiaries were closed on Monday for the Wesak Day replacement holiday.41. The index opened 11. The benchmark index, which opened 11.27 points higher at 1,555.27 points higher at 1,555.68, moved steadily between 1,548. Total turnover stood at 3.02 and 1,558. On the broader market, gainers led losers 191 to 145, while 257 counters were unchanged, 1,662 untraded and 10 others suspended.11 throughout the day.

11 throughout the day. On the broader market, gainers surpassed decliners 575 to 424, while 408 counters were unchanged, 848 untraded and 10 others suspended.04 million shares worth RM128. Among the heavyweights, Maybank eased one sen to RM8. Total turnover widened to 5.51 billion units worth RM2. Malacca Securities Sdn Bhd expects bargain-hunting activities to emerge within the recovery-themed and plantation sectors ahead of the reporting season.79 billion from 3.57, RM6.17 billion units worth RM2.

17 billion units worth RM2. “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.51 billion last Friday. Rakuten Trade Sdn Bhd equity research vice-president, Thong Pak Leng said the benchmark index had closed in positive territory after rising by 0.0 per cent in Q1 2022, supported by increases in both domestic and external demand, as well as labour market recovery. Among the actives, Sapura Energy increased three sen to 7.27 per cent. “Key regional markets are also in positive territory with high buying interest in technology stocks. Among the heavyweights, Maybank eased six sen to RM8. “Sentiments also rose on news that Shanghai plans to gradually reopen after spending more than six weeks in lockdown," he told Bernama.

“Sentiments also rose on news that Shanghai plans to gradually reopen after spending more than six weeks in lockdown,” he said to Bernama.5 sen and Techna-X inched down half-a-sen to 11 sen. On the FBM KLCI, Thong said Rakuten Trade is cautiously optimistic given the improvement in the local market sentiment and foreign support, while on the other hand, investors shall stay alert to the increasing market volatility and external uncertainties.55 and RM5. “Hence, we anticipate the benchmark index to trend sideways within the 1,540-1,560 range, with immediate support at 1,530 and resistance at 1,575,” he added. Among the heavyweights, Maybank and IHH Healthcare eased one sen each to RM8.38 and IHH Healthcare added one sen to RM6.10, Hong Leong Financial improved 36 sen to RM19.95 and RM6.43 respectively, while Public Bank Bhd was flat at RM4.

43 respectively, while Public Bank was flat at RM4. Of the actives, Sapura Energy increased 1.53.29 and RM5. Petronas Chemicals gained three sen to RM10.41, while CSH Allaince was flat at 11.02 and CIMB was two sen higher at RM5.06. Nestle stood as the top gainers, expanding RM2 to RM133.08 points to 5,305. Of the actives, Serba Dinamik Holdings Bhd rose 4.

Of the actives, Serba Dinamik rose 4.5 sen to 16.36, Harrison Holdings adding 31 sen to RM5.5 sen, Sapura Energy increased three sen to 7.20, and the FBMT 100 Index firmed 59.5 sen, KNM gained half-a-sen to 18 sen, Hibiscus Petroleum was 12 sen higher at RM1.27, and Petron Malaysia strengthening 24 sen to RM6.47, while Techna-X declined 3.5 sen to eight sen.

5 sen to eight sen.  On the index board, FBM ACE fell 13. Meanwhile, the FBM Emas Shariah Index gained 85. Nestle stood as the top gainer today after rising by RM1.30 to RM132.35, FBM Emas Index advanced 56.80, followed by Petron Malaysia which strengthened 69 sen to RM6.24 points to 13,130.71 and Hengyuan Refining which added 42 sen to RM7.37, FBMT 100 Index firmed 54.40, while Press Metal Aluminum Holdings Bhd gained 34 sen to RM5.

40, while Press Metal Aluminum gained 34 sen to RM5.38 and Panasonic bagged 30 sen to RM28.65, FBM Emas Shariah Index widened 95.62 points to 16,580.30. On the index board, FBM ACE increased 20.11, and FBM 70 added 36.61 points to 5,363.75, and the Plantation Index climbed 69.24, FBM Emas Index advanced 49.

24, FBM Emas Index advanced 49.63.61 points to 11,060.41, FBMT 100 Index firmed 37.50 points to 16,499. ― Bernama You May Also Like.82 points to 10,725.08, FBM Emas Shariah Index widened 80.02 points higher at 199.86 points to 11,549.

86 points to 11,549.27, and FBM 70 added 82.05 points to 8,277.24 points to 13,138.85. ― Bernama You May Also Like. Sector-wise, the Financial Services Index perked 0.12 of-a-point to 16,534.

12 of-a-point to 16,534.49, the Industrial Products and Services Index was 3.63 points higher at 200.42, and the Plantation Index climbed 80.91 points to 8,260.19.

19. The Main Market volume widened to 4.72 billion shares worth RM2.59 billion from 2.12 billion shares worth RM2.32 billion on Friday.

32 billion on Friday. Warrants turnover reduced to 271.92 million units valued at RM55.55 million versus 305.24 million units valued at RM58.76 million.

76 million. The ACE Market volume declined to 514.40 million units worth RM144.57 million from 736.17 million units worth RM132.24 million previously.

24 million previously. Consumer products and services counters accounted for 286.34 million shares traded on the Main Market, industrial products and services (509 million), construction (120.73 million), technology (210.91 million), SPAC (nil), financial services (80.96 million), property (194.

96 million), property (194.29 million), plantation (66.14 million), REITs (7.64 million), closed/fund (28,800), energy (3.08 billion), healthcare (58.92 million), telecommunications and media (40.

92 million), telecommunications and media (40.56 million), transportation and logistics (42.21 million), and utilities (24.05 million). — Bernama You May Also Like .