Wednesday, 08 Apr 2020 09:49 AM MYT
At 9.01am, key index FTSE Bursa Malaysia KLCI erased 5.83 points, or 0.426 per cent to 1,364.09 from 1,369.92 at yesterday’s close.Market breadth turned negative with losers beating gainers 279 to 77, while 192 counters were unchanged, 1,372 untraded and 20 others suspended.The United States currently has the most infections in the world with more than 383,000 confirmed cases and 12,021 deaths.
Meanwhile, Malacca Securities Sdn Bhd said the cautious market undertone still prevails and could still dampen the longer-term market outlook. Malacca Securities said the positive market momentum may turn into a consolidation over the foreseeable future as further upsides could be tempered by bouts of selling activities with retail players quick to lock-in their recent profits.
Now bursa is steadier & solid again with around 350 counters up VS 400 down . KLCI just - 5 . Seems that this Bug Covid 19 bring ' ONG ' to many traders $$$$$👌👍
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 slips into redKUALA LUMPUR: Bursa Malaysia slipped into the red at the opening today, tracking overnight losses on the Wall Street as fears on the rapid spread and rising death toll due to COVID-19 continue to weigh on the market sentiment.
Source: NST_Online - 🏆 17. / 53 Read more »
Bursa Malaysia opens higher on SME stimulus packageKUALA LUMPUR: Bursa Malaysia opened higher today as the market reacted positively to the government’s RM10 billion special stimulus package targeted at small and medium-sized enterprises (SMEs), the backbone of the country’s economy.
Source: NST_Online - 🏆 17. / 53 Read more »
Bursa Malaysia closes higher as govt unveils RM10b special stimulus package | Malay MailKUALA LUMPUR, April 6 — Bursa Malaysia closed higher today as the government unveiled a special stimulus package worth RM10 billion aimed at small and medium enterprises (SMEs) to soften the impact of the Movement Control Order (MCO) due to the COVID-19 pandemic . At 5pm, key index FTSE Bursa...
Source: malaymail - 🏆 1. / 86 Read more »
Positive market sentiment sets Bursa Malaysia higher at lunch break | Malay MailKUALA LUMPUR, April 6 — Bursa Malaysia ended the morning session higher supported by positive market sentiment due to opportunities in the market particularly in the oil and gas counters, according to an analyst. At 12.30pm, key index FTSE Bursa Malaysia KLCI (FBM KLCI) rose...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia strengthens at close amid Covid-19 slowdown | Malay MailKUALA LUMPUR, April 7 — Bursa Malaysia, along with its Asian peers, ended higher on Tuesday amid optimism that the Covid-19 death toll and new cases are slowing down in several major economies. At 5pm, key index FTSE Bursa Malaysia KLCI (FBM KLCI) rose 28.23 points or 2.10 per cent to 1,369.92... today's volume is 6.5 Billions + Unit is the highest ever in history . Seems that this Bug Covid -19 is bringing ' luck ' to traders . Bursa now technically in Bull market again .👌
Source: malaymail - 🏆 1. / 86 Read more »
Bursa slips into red as Covid-19 fears persist | The Malaysian InsightLocal bourse tracks overnight losses on Wall Street.
Source: msianinsight - 🏆 8. / 63 Read more »