Bursa slightly lower as interest shifts to smaller-cap stocks

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Strong buying activity observed in plantation, healthcare and telecommunications sectors, says analyst.

KUALA LUMPUR: Bursa Malaysia ended slightly lower today as investors shifted their buying interest to smaller-cap stocks, according to Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng.

The index opened 4.32 points lower at 1,449.22 and fluctuated between 1,445.31 and 1,455.09 throughout the session. At home, heavyweight Maybank traded at ex-dividend today in respect of the single-tier first interim dividend for the financial year ending Dec 31, 2023. The FBM Emas Shariah Index advanced 21.94 points to 10,939.27, the FBM 70 Index perked 63.21 points to 14,151.55 and the FBM ACE Index was 20.26 points higher at 5,164.56.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 5. in MY

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 ends lower amid mixed regional sentimentAnalyst calls for investors to be vigilant due to the global uncertainties.
Source: fmtoday - 🏆 5. / 72 Read more »

Inditex posts record earnings on strong Zara stores, online dealsThe world’s largest fashion retailer recorded a first-half profit of €2.51 billion, up from €1.79 billion last year.
Source: fmtoday - 🏆 5. / 72 Read more »

Bargain-hunting aids Bursa Malaysia to end in positive territory, focus remains on US CPIKUALA LUMPUR, Sept 13 — Bursa Malaysia’s barometer index unexpectedly made a positive ending with slight gains despite cautious trading throughout the day. Investors,...
Source: malaymail - 🏆 1. / 86 Read more »

Bursa ends at intraday high on bargain huntingTraders remain cautious ahead of tonight’s US CPI data release, says analyst.
Source: fmtoday - 🏆 5. / 72 Read more »

Capital A most active counter on Bursa Malaysia on bullish outlookKUALA LUMPUR, Sept 14 — Capital A Bhd emerged as the most active counter on Bursa Malaysia in early trade on Thursday, boosted by its bullish outlook. At 10.10am, the counter...
Source: malaymail - 🏆 1. / 86 Read more »

Australian jobs surge as productivity debate heats upStrong employment figures indicate that decade-high interest rates have yet to dampen demand.
Source: fmtoday - 🏆 5. / 72 Read more »