KUALA LUMPUR, Jan 3 — Bursa Malaysia ended the first trading day in 2023 lower with the key index falling 1.44 per cent on profit-taking due to recent gains.
Rakuten Trade Sdn Bhd believed that the outlook for the local bourse remained positive due to attractive valuations and continuous support from local institutions, despite profit-taking activities today, said its vice-president of equity research Thong Pak Leng. As for the actives, ACE Market debutant L&P Global soared 24.5 sen to 54.5 sen, Citaglobal rose four sen to 33 sen, Cypark Resources advanced five sen to 52 sen, while MMAG and Borneo Oil both inched down half-a-sen to two sen respectively.
Sector-wise, the Financial Services Index slipped 142.02 points to 16,359.29, the Plantation Index slid 110.85 points to 6,973.83, the Industrial Products and Services Index put on 0.12 points to 181.90, and the Energy Index perked up 5.16 points to 781.35.
Source: Digital Coin News (digitalcoinnews.net)
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