Bursa Malaysia remains higher at mid-day | Malay Mail

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KUALA LUMPUR, April 14 ― Bursa Malaysia was broadly higher at midday, with the key index rose by more than one per cent due to positive regional market sentiment following better trade data from China, dealers said. The benchmark index FTSE Bursa Malaysia KLCI (FBM KLCI) soared 13.87 points or...

The benchmark index FTSE Bursa Malaysia KLCI soared 13.87 points or 1.02 per cent to end the morning session at 1,369.9 from 1,356.03 at yesterday’s close. — Bernama pic

The benchmark index FTSE Bursa Malaysia KLCI soared 13.87 points or 1.02 per cent to end the morning session at 1,369.9 from 1,356.03 at yesterday’s close.Petronas Chemicals lifted the composite index by a substantial 3.786 points after rising 26 sen to RM5.08 with 2.35 million shares changing hands.

A dealer said regional investors cheered China’s better-than-expected trade data for March with imports showed growth rather than contraction while exports declined at a slower-than-expected pace. The overall market breadth on Bursa was bullish with gainers outpacing losers 571 to 170, while 285 counters were unchanged, 879 untraded and 19 others suspended.Among heavyweights, Maybank and CIMB bagged six sen each to RM7.51 and RM3.56 respectively, Tenaga chalked up 14 sen to RM12.18, and Maxis gained three sen to RM5.32.

Source: News Formal (newsformal.com)

 

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