KUALA LUMPUR, Jan 17 — Bursa Malaysia resumed weak trading on Monday amid lack of fresh catalysts.
The brokerage said investors might also focus on China’s economic data such as the fourth quarter of 2021 economic growth and unemployment rate, which would be released today, as well as Bank Negara Malaysia’s interest rate decision this week.“Given Brent oil price has surpassed the US$86 level, we expect oil and gas stocks to trade actively higher in the near term.
Of the actives, Kanger International edged up half-a-sen to 2.5 sen, Avillion was flat at 10.5 sen, while SMTrack decreased two sen to 27 sen, AirAsia down 2.5 sen to 59.5 sen, and MQ Technology inched down half-a-sen to 7.5 sen.
It’s been week for 18 months, tell us something more worth…..selective counters are rig to be active by cronies in the past months……..
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