The benchmark FBM KLCI rose 0.72 per cent or 10.67 points to 1,501.73 at midday break, on local funds support.
The actives included Avillion Bhd, My EG Services Bhd, Icon Offshore Bhd, Tiger Synergy Bhd, XOX Bhd, Powerwell Holdings Bhd and Sapura Energy Bhd. “Investors are hoping that there will be a very quick recovery in Malaysia with no political uncertainty. They also want more macroeconomic stability that will drive economic confidence,” he told the New Straits Times today.Areca Capital Sdn Bhd chief executive officer Danny Wong Teck Meng said the market usually over reacted on certain events emotionally.
“Basically, Asian markets led the move lower in equities globally yesterday. When the S&P e-mini futures rebounded by 1.0 per cent in early Asian trading on profit-taking, that dragged those regional markets, including Bursa higher,” he told the NST.
Lge x de ringgit Naik kahkahkah
Ringgit $ is UP⬆️
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