: Shares on Bursa Malaysia opened slightly higher on Thursday, buoyed by bargain hunting activities.
On the local market, the brokerage firm expects bargain hunting to bring the KLCI back to the 1,500 level, and urged investors to buy the dips and focus on the healthcare, glove, mask and other PPE-related stocks, as well as small/mid cap stocks. Top gainers included Malaysian Pacific, which accumulated 32 sen to RM20.40, as well as United Plantation which gained 18 sen to RM14.60 and Kossan Rubber which was 14 sen higher at RM7.46.
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 turns lower at mid-morning | Malay MailKUALA LUMPUR, Oct 21 — Bursa Malaysia turned lower at mid-morning due to profit-taking following the market’s rebound at the opening today. The decline in Top Glove, Hartalega, Sime Darby Plantation and Public Bank counters altogether contributed 14.51 points to the losses in the composite...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia, regional peers higher on US fiscal stimulus optimism | Malay MailKUALA LUMPUR, Oct 21 — Bursa Malaysia and most of its regional peers were in positive territory during the morning trading on Wednesday, tracking the optimistic performance of the overnight United States’ stock markets ahead of the fiscal stimulus deadline. At 9.02am, the benchmark FTSE Bursa...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa ends on negative note with highest traded volume in nearly two months | Malay MailKUALA LUMPUR, Oct 20 — Bursa Malaysia finished on a negative note today, tracking most of its regional peers with investors cautiously monitoring the prospect of United States (US) stimulus measures. Talks on the US’s Covid-19 relief package are set to continue today, as House Speaker Nancy...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia lower almost across the board at mid-afternoon | Malay MailKUALA LUMPUR, Oct 20 — Bursa Malaysia stayed lower almost across the board at mid-afternoon today with losses recorded in key index-linked counters. The healthcare-linked counters, which recorded gains yesterday, saw profit-taking activity, with Top Glove and Hartalega, erasing 12 sen and 18 sen...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia remains lower at mid-morning on profit-taking | Malay MailKUALA LUMPUR, Oct 20 — Bursa Malaysia remained lower at mid-morning due to profit-taking following the market’s rebound yesterday. Additionally, investors have started to trade in a cautious mode on the prospects of the United States’ (US) stimulus measures. Talks on the US’ Covid-19 relief...
Source: malaymail - 🏆 1. / 86 Read more »
Bursa Malaysia reverses early gains to end lower, CI down 1.22pc | Malay MailKUALA LUMPUR, Oct 21 — Bursa Malaysia reversed early gains to close lower today with the FBM KLCI declining by 1.22 per cent. Of the benchmark index’s 30 constituent stocks, half were in the red, succumbing to persistent selling pressure as the market is roiled by the political uncertainty in...
Source: malaymail - 🏆 1. / 86 Read more »