Bursa Malaysia mixed in early trade | Malay Mail

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KUALA LUMPUR, May 17 — Bursa Malaysia resumed trading on a mixed pattern today, with higher key index lifted by positive Wall Street performance on Friday. At 9.07am, the benchmark index FTSE Bursa Malaysia KLCI (FBM KLCI) gained 4.84 points to 1,587.36 from Wednesday’s close of 1,582.52. The...

On the broader market, losers outpaced gainers 380 to 172, while 304 counters were unchanged, 1,329 untraded and five others suspended. — Picture by Azneal IshakKUALA LUMPUR, May 17 — Bursa Malaysia resumed trading on a mixed pattern today, with higher key index lifted by positive Wall Street performance on Friday.

“Also, traders may lookout for sectors high earning certainties ahead of the May reporting season, including packaging and plastic-related companies on the back of higher demand amid MCO. Besides, the commodities rally may shine a light on sectors such as plantation, energy and metal-related stocks,” it said in a research note today.

Of the actives, Kanger, KTG and Minda Global edged up half-a-sen each to eight sen, 21 sen and 15 sen, respectively, Lambo was flat at 1.5 sen, and Focus Dynamics and Tanco Holdings inched down half-a-sen to 5.5 sen and 14 sen. However, the FBM Emas Shariah Index decreased 2.53 points to 12,927.87, the FBM ACE erased 48.53 points to 7,897.63, and the FBM 70 declined 29.15 points to 14,946.69.

 

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