PetChem, small-cap stocks drive Bursa Malaysia firmer | Malay Mail

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KUALA LUMPUR, April 14 — Bursa Malaysia snapped its losing streak to close the day on a firm note in tandem with gains seen in regional peers, thanks to persistent buying momentum in index-linked counters and small capitalisation stocks amid positive regional sentiment, dealers said. At 5pm, the...

An investor monitors the stock prices in the gallery of the RHB Investment Bank Bhd headquarters in Kuala Lumpur March 17, 2020. ― Picture by Hari Anggara

The key index, which opened 4.98 points higher at 1,361.01 this morning, fluctuated between 1,357.83 and 1,373.8 throughout the day. He said market sentiment was influenced by trade data from China which saw its exports in March fall by 6.6 per cent year-on-year, way below the 13.9 per cent decline as surveyed by Bloomberg.“This indicates that the world’s second largest economy may have showed some positive signs in tandem with the flattening of the COVID-19 infection curve.

Among heavyweights, Maybank rose 13 sen to RM7.58, Tenaga bagged 10 sen to RM12.14, CIMB perked seven sen to RM3.57, while Public Bank was flat at RM15.84.Of the actives, Lambo and Anzo added one sen each to two sen and 2.5 sen respectively, MCT increased 4.5 sen to 18.5 sen, Vortex inched up half-a-sen to nine sen while Minetech gained two sen to 25 sen.

Main Market volume increased to 2.98 billion shares worth RM1.82 billion from 2.35 billion shares valued at RM1.37 billion recorded yesterday.

Source: News Formal (newsformal.com)

 

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