Bursa gains extend to 5th day on strong sentiment FMTNews FMTBusiness
KUALA LUMPUR: Bursa Malaysia staged a strong rally to end higher for a fifth consecutive day today, pushing the benchmark FTSE Bursa Malaysia KLCI to an intraday high due to strong market sentiment.
“Nevertheless, we expect a healthy correction in the near future following the recent rally,” he told Bernama. The market bellwether opened 0.09 of-a-point lower at 1,436.70 this morning before gaining momentum to move in an upward trajectory towards closing. Among the actives, ACE Market debutant Daythree Digital surged 32.5 sen to 62.5 sen, UEM Sunrise increased 6.5 sen to 54 sen, Malaysian Resources Corporation was flat at 39 sen while Hong Seng Consolidated and Joe Holding slid 0.5 sen each to 9 sen and 1 sen respectively.
The Main Market volume advanced to 3.01 billion units valued at RM2.14 billion from 2.53 billion units valued at RM2.02 billion on Tuesday.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bursa stretches gains to 3rd day as banking stocks shineMalaysian equities remain stable due to attractive valuations, improved economic conditions, says analyst.
Read more »
Moderating inflation keeps blue-chips on a rallyKUALA LUMPUR: The blue-chip rally on Bursa Malaysia remains supported by optimistic economic data although profit-taking is keeping the broader market in a consolidation phase.
Read more »
Bullish momentum grows after four days of gainsKUALA LUMPUR: There is growing bullish momentum on the domestic market following four consecutive days of gains as additional policy support from China bolstered investor sentiment over the regional economy.
Read more »
Bursa stretches gains to 3rd day as banking stocks shineMalaysian equities remain stable due to attractive valuations, improved economic conditions, says analyst.
Read more »
Bullish momentum grows after four days of gainsKUALA LUMPUR: There is growing bullish momentum on the domestic market following four consecutive days of gains as additional policy support from China bolstered investor sentiment over the regional economy.
Read more »
I Played The World’s Largest Donkey Kong Arcade Game And LivedThe Strong Museum collaborated with Nintendo for this massive moment
Read more »