KUALA LUMPUR, May 27 ― Bursa Malaysia opened lower today due to mild profit-taking in selected heavyweights after recent gains, despite the positive trend in the regional markets, dealers said.
“However, we expect the upside to be limited given the unresolved Ukraine-Russia tension. Nevertheless, we are optimistic about the energy and plantation sectors with Brent oil price hovering above US$115 and crude palm oil trading above RM6,500 per tonne. Among the heavyweights, Maybank slipped 1.0 sen to RM8.97, Public Bank fell 2.0 sen to RM4.58 and Petronas Chemicals rose 10 sen to RM9.97, while IHH Healthcare and CIMB were flat at RM6.49 and RM5.01, respectively.
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.
Bursa Malaysia closes higher on buying supportKUALA LUMPUR, May 25 — Bursa Malaysia snapped a four-day losing streak to end higher today, supported by buying demand in selected financial services and plantation counters amid...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia higher in early tradeKUALA LUMPUR, May 25 — Bursa Malaysia opened higher in early trading session today, buoyed by renewed buying interest amid mixed sentiments on the regional markets, dealers...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia higher in early tradeKUALA LUMPUR, May 26 ― Bursa Malaysia extended yesterday&039;s gains to open higher today, supported by continued buying interest, in line with positive sentiments on the...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia remains in positive territory at mid-morningKUALA LUMPUR, May 26 ― Bursa Malaysia remained on a high note at mid-morning, driven by continued buying in selected heavyweights, in line with the recovery in the regional...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia extends gains to close higherKUALA LUMPUR, May 26 — Bursa Malaysia extended yesterday’s gains to end higher today, supported by buying demand in selected industrial products and services as well as...
Source: malaymail - 🏆 1. / 86 Read more »