KUALA LUMPUR, Oct 12 — Bursa Malaysia saw a pullback in early trade today, failing to sustain gains recorded in the last five sessions as profit-taking activities emerged.
Crude oil price was traded above US$83 per barrel mark, while crude palm oil price is consolidating around the all-time-high region. “As Malaysia is ready to enter the endemic phase, prospects of the economic recovery should persist and positive momentum could continue at least for the near term,” it said in a note.
Among heavyweights, Nestle lost RM2 to RM132.50, KLK was 36 sen weaker at RM22.34, Public Bank retreated two sen to RM4.09, and Sime Darby Plantation reduced four sen to RM4.23.IHH continued its uptrend, adding three sen to RM6.71 and Digi was two sen higher at RM4.30.
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