KUALA LUMPUR, Oct 25 — Bursa Malaysia’s key index opened lower but turned higher soon after, lifted by selected heavyweights.
On the broader market, gainers led losers 189 to 187, while 283 counters were unchanged, 1,631 untraded and 15 others suspended.Malacca Securities Sdn Bhd, in a research note, said the local bourse might continue to trade sideways for the week amid a dearth of fresh leads as investors awaited details on Budget 2022 to be tabled on Friday.
“We believe the recent pullback of some recovery theme sectors will be a good opportunity for bargain hunting. Investors may focus on banking, property, and consumer-related stocks as well as construction sector ahead of Budget 2022,” it added. Meanwhile, Petronas Chemicals was flat at RM8.81, IHH Healthcare shed seven sen to 6.53, and Press Metal fell three sen to RM5.72.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Upbeat outlook for Bursa Malaysia next week, CI may retest 1,600 key level | Malay MailKUALA LUMPUR, Oct 23 — Bursa Malaysia’s outlook is expected to remain positive next week due to attractive valuations and continuous strong foreign inflow, despite some profit-taking seen in the week just ended. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia issues directive to Serba Dinamik | Malay MailKUALA LUMPUR, Oct 22 ― Bursa Malaysia Securities Bhd has issued a directive to Serba Dinamik Holdings Bhd in relation to a status update on the company’s special independent review (SIR). In a statement, the stock exchange said the directive issued today is for Serba Dinamik to make an...
Source: malaymail - 🏆 1. / 86 Read more »
Upbeat outlook for Bursa Malaysia next week, CI may retest 1,600 key level | Malay MailKUALA LUMPUR, Oct 23 — Bursa Malaysia’s outlook is expected to remain positive next week due to attractive valuations and continuous strong foreign inflow, despite some profit-taking seen in the week just ended. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia issues directive to Serba Dinamik | Malay MailKUALA LUMPUR, Oct 22 ― Bursa Malaysia Securities Bhd has issued a directive to Serba Dinamik Holdings Bhd in relation to a status update on the company’s special independent review (SIR). In a statement, the stock exchange said the directive issued today is for Serba Dinamik to make an...
Source: malaymail - 🏆 1. / 86 Read more »
Malaysia’s Zii Jia loses to Olympic champion Axelson at Denmark Open | Malay MailKUALA LUMPUR, Oct 23 ― National men’s singles ace Lee Zii Jia crashed out of the Denmark Open quarter-finals after narrowly losing to Olympic champion Viktor Axelsen at the Odense Sports Park late last night. Axelsen, the world’s number two shuttler, ousted Zii Jia 21-19, 21-19 in 39 minutes... Study your strength n weakness. Work on your weakness. Study your opponent before facing them. You're still in line to be the true Champion. Keep on training.
Source: malaymail - 🏆 1. / 86 Read more »
Wes Anderson turns his unique eye on France | Malay MailPARIS, Oct 24 — The master of ultra-ironic hipster filmmaking, Wes Anderson doubles down on his one-of-a-kind style with the release this week of The French Dispatch, an ode to journalists and his adopted country. The Texan director’s latest film crams in some major star power, with...
Source: malaymail - 🏆 1. / 86 Read more »