KUALA LUMPUR, March 29 ― Bursa Malaysia moved into positive territory in the early trade today as investors continued to put their money into energy, industrial products...
KUALA LUMPUR, March 29 ― Bursa Malaysia moved into positive territory in the early trade today as investors continued to put their money into energy, industrial products and services as well as banking stocks.
Market breadth was positive as gainers led decliners by 151 to 100, while 196 counters were unchanged, 1,844 untraded and 25 others suspended.Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the FBM KLCI finally woke up as it broke the 1,400 decisively due to strong broad-based buying in blue chips.
Additionally, China's commitment to continue to open its economy to foreign investors is also set to boost domestic sentiments. Among the actives, Hong Seng Consolidated, Dataprep and Mestron lost half-a-sen each to 11 sen, 18.5 sen and 39.5 sen, respectively.
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