Bursa rises cautiously as Budget Day looms

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At 9.05am, the FBM KLCI was up 3.58 points to 1,424.13.

Following a decline on Wall Street overnight, observers are expecting a pause in the global rally as investors cash in on recent rapid gains."We believe the investors may favour energy stocks following the uptick in crude oil price after OPEC+ announced the production cut policy.

"Also, we like the technology sector as Wall Street ended mildly negative," said Malacca Securities Research in a report.

 

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