KUALA LUMPUR, Jan 13 ― Bursa Malaysia remained higher at mid-morning, boosted by the emerging buying trend in selected heavyweights, amidst the mixed sentiment in regional markets, dealers said.
On the scoreboard, gainers edged past decliners 351 to 349, while 389 counters were unchanged, 1,178 untraded and 40 others suspended.ActivTrades’ Anderson Alves said Asian equities were mixed on Thursday after a choppy session on Wall Street as markets digested the United States Consumer Price Index data which revealed that the US inflation rate had hit a 39-year high of seven per cent -- in line with expectations.
“So far, the market's reaction to the Omicron wave has been moderate, but it is worth paying attention to worries about further impacts to global supply chains which could trigger risk-off trade. Back home, heavyweights Maybank gained 6.0 sen to RM8.47, Petronas Chemicals rose 15 sen to RM9.15, Public Bank slipped 1.0 sen to RM4.24 while IHH Healthcare and CIMB were flat at RM6.65 and RM5.56, respectively.
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