Bursa Malaysia extends momentum to open higher | Malay Mail

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KUALA LUMPUR, Aug 7 ― Bursa Malaysia extended yesterday's upbeat momentum to open higher today in most of the indices, as the US stock markets continued their gains overnight. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 0.24 point to 1,588.81 from 1,588.57 at yesterday's...

At 9.05am, the benchmark FTSE Bursa Malaysia KLCI gained 0.24 point to 1,588.81 from 1,588.57 at yesterday's close. ― Picture by Hari Anggara

Malacca Securities Sdn Bhd sees the liquidity-driven market, with trading volumes at a fresh new high, would play a key role for a further upside on stocks across Bursa Malaysia. Meanwhile, the stockbroking company said the healthcare sector and the safe-haven asset-related stocks are expected to continue to soar.

Of the heavyweights, Maybank fell one sen to RM7.51, Top Glove rose 10 sen to RM28.50, Hartalega decreased 14 sen to RM19.66 and Public Bank shed six sen to RM16.92.Of the most active, Borneo Oil added 1.5 sen to 6.5 sen, Trive bagged one sen to two sen and Pegasus improved half-a-sen to four sen.

 

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