Bursa Malaysia is off to a good start with overall market breadth positive and gainers leading losers July 6, 2020. — Bernama pic
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI improved 3.52 points to 1,556.17 from Friday’s close of 1,552.65.Overall market breadth was positive with gainers led losers 303 to 106, while 271 counters were unchanged, 1,244 untraded and 23 others suspended.Malacca Securities Sdn Bhd in a note today said, despite five consecutive days of winning streak, it opined upsides are still on the cards but will be restrained by the Covid-19 situation across the globe.
“The FBM KLCI gapped up and lingered in the positive territory throughout the entire trading session as the key index recorded its first weekly gain in four weeks, forming a flag-formation breakout on Friday. Among heavyweights, Tenaga and Petronas Chemicals added four sen each to RM11.80 and RM6.72 respectively, Public Bank gained two sen to RM17.08 and Hartalega rose 30 sen to RM16.30.Of the most active, Anzo improved two sen to 20 sen, Sino Hua-An increased 1.5 sen to 10.5 sen, Vivocom edged up half-a-sen to four sen while DGB Asia and Fintec Global were flat at three sen and 7.5 sen respectively.
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